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Andrew26

03/30/10 4:08 PM

#89519 RE: HotStockAce #89485

And that was only 2M, on a day where MMs still shorting it to try to slow it down.
Now count simple math they need to cover at least 30M (if not more) + need to go long to cover losses (partly by longs, partly by shorting it back).

Anyone still wants to lock in GAINS? Come on, read the scenario over again and then try to answer that there are gains to be locked in in this area :-) Selling there is imho the life-time mistake in stocks.

And if anyone does so, then write down the PPS and number of shares sold on a paper today and pull it out 1 (max 2-3) months later and then judge what kind of decision you made again :)