RE:Is the pullback done for now?Can't simply be old fear and greed?
Has to be some boogeyman?
Call me ignorant or whatever but hows about the overal market works with buyers and sellers from the globe and then dealing with the fear and greed of their actions. Glee and Pain.
Now I will give it that a larger holder could have and probably did unload at 2 pm on the 20th to start the romp down which started the fear cycle from everyone. Now we have all the folks who bought in on the 20th in fear. Stop losses put in place by those folks. Stop losses for profit from others. Value boys who can use a calculator and see the clear value going forward, stepping in to take it on but its just a whoosh. But not much of a whoosh cause this isn't much of a spec play anymore. The growth and profitability rate is huge and so its a battle with a lot of cheap stock out there as well.
Or its a boogeyman shorter that is controlling it all.
And I am sure I will get the "you are niave"