Normal Profit TakingThis is not something that is unheard of. People are making big coin flipping this (me included). It doesn't mean we don't think there is a well thought out future for this buisness. High levels are going to come back once all the weak hands have sold.
The exact same thing is going to happen like last week and some people will make money on the ramp up again. Rinse, lather, repeat.. There will always be risk in stocks like this so if you can't stomach the swings sell your shares.
Not to mention this stock was pumped and promoed all over the place. It made it a perfect stock to flip. Especially since I personally believe there is a viable buisness here, that makes my risk more manageable to trade it. I already have other long term venture plays which is why I personally don't keep a long term hold on this, but if I was looking for another one I definatley would.
GLTA