RE:Massively Oversold
Agree...at this point its just STUPIDITY. Probably a "gentlemens agreement" by some traders who simply trade 100 + shares at a time back and forth to each other but at a penny less each time simply to trigger stop losses and margin calls and then gobble up the shares sold out of panic. They accumulate huge numbers of shares this way and when they are done, they then bid the shares up in order to "unload" their "newly aquired shares" . Thats my theory at this point in time.