RE:simple explanation for todayMenace11 wrote: you have to understand that most the people (yes most) have no idea what the news even said. it might as well of been released in japanese. yes they read it, but they have no idea what those numbers mean, what they =$ wise. how they compare to other companies. This is the pennys stocks, especially since the marijuana boom. These boards are filled with highschool and college kids, brand new investors. And a lot of them have been spoiled with the way MJ sector exploded. but lately MJ stocks have been slow compared to their exploding rise so a lot of them started playing other kinds of stocks like this one. once they seen BRS start moving down they didnt know if the news was good or bad because they dont understand it. so they guessed it was bad news and started panick selling. was just a snowball effect! listen i belong to multiple stock chat groups not one person in any of them knew what that new release meant. most people in the world are sheep and they just follow along
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