RE:RE:RE:Not hard to understand MikeThe price goes up almost +100% YTD as an exaggeration to the quarterly report and news release so of course the correction will just be as violent. Lots of profit taking as I'm sure we already know some drama around here.. Even after the first dip, a lot of people were quite eager to take their +50% gains and de-risk with the tech sell-off, never mind the people who might be trading on margin right now. The 2020 bullrun probably made people forget what risk management is, and this correction is going to be a painful realization to many that they are risking more that they can afford to lose.
I continue to be bullish on GSI.V for the coming summer (especially with the Fed money for transit as you say), but in hindsight I'm really not surprised by this painful pullback. Lots of explainable fear for sure