me tooooooo. the weak can not stand the heat. Next week those that are bailing now have no one to blame but themselves for giving up their positions. I will take it at these low levels and hold for record profits
Capitulation What Does It Mean? What Does Capitulation Mean? When investors give up any previous gains in stock price by selling equities in an effort to get out of the market and into less risky investments. True capitulation involves extremely high volume and sharp declines. It usually is indicated by panic selling.
Where is the extremely high volume and panic selling? This is orderly selling by dumpers and those bailing. Where is the sharp decline? The declines have been steady and ongoing. It is only down 13% today.
Show me 50 million shares and down 60% in this one and I will give you your capitulation theory.