RE:CRWD is down almost 6%
Digby8 wrote: Anyone know what's happening?
Kind of figured we'd be down today with the phone deadline, no announcements and still fair number of shorts. I think we're at a level where the longs are just too sophisticated to fall for all the manipulative measures tossed at them daily but everybody has their own threshold. Besides, there are many BB investors still ahead of the game and are likely to remain that way.
Last time I looked, CRWD short interest had at least doubled in couple months and that was back in Dec. I think new investors were baited into buying during the downturn and now the hammer has fallen. I suspect they'll rally, maybe not today (always a possibility it will) or in near future but who knows if panic ensues. Rollercoaster ride for a while I suspect...welcome to our world.
Must be some serious bashing going on somewhere with CRWD today. lol.