RE:RE:RE:It's going to be interesting to see how they structure a "What don't you understand about this board, we are here to speculate, converse, learn something from each other and maybe have a laugh from time to time. If that's too much for you to handle then please reset your alarm clock for two years and resume your nap."
I am all for speculating conversing and I'll be the first to admit Ithat even after over 20 years of investing I have loads to learn.
To me, I consider things like "The biggest gold find in present history" and "a merger is inevitable" to be pumping rather than speculating or conversing.
Tiny little lesson that is probably the single most important one of them all: don't fall in love with a stock. It sure looks like what this board has turned into is a love fest and I will leave you to that and wish you all good luck.
I am (still) a share holder and depending on what transpires tomorrow I may even add. But if today's end of day trading was the result of "people in the know" getting out before a set of crappy results are dished out I will also (try to) be the first to sell.
I suspect it is not that though. To me this looked like someone got caught having to cover margin (possibly not even on CDB which really wasn't stinking the joint out any worse than the rest of the market until the last 15 minutes) The 1 dollar mark was a pretty logical stop loss point and computer trading took over as soon as it dropped below that.
No time to recover as all that happened but a few minutes before the close....
My main reasoning for thinking that is that the bulk of the trading all took place at rather lightning speed and doesn't appear to be a block.
GLTA