Investors are always looking for plays for a quick in and out. You know as well as I what goes too fast comes down even faster. This was your typical run up and out of control.
I suggest investors learn more on charts. You figure out these and you will make better logical trades. I don't understand why some people buy on the way down. But that is what people were doing. Buy low sell high.
Buying on the way down just lines other peoples coats. Wait for it to stabilize before buying back to improve your position.JMHO