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Er0ck

08/26/11 4:31 PM

#1447 RE: ForzaFerrari #1442

The end of day drop was nothing more than day traders cashing out for the week. This was fully expected today in this stock, and in most stocks. Typically they start exiting a stock with in the last 30 min of the day on friday. I was telling people all day long in the chat room that this would mostlikely be the case here as well.

Day traders cash out on fridays because they have to wait 1 to 3 days before they get access to the profits the made on a day trade. So it's typical for them to cash out on a friday, regardless of what the stock is doing, so they will have access to their profits for trading on monday-wed.