appropriate (damn it!) Isn't working so I'll just post the quote from Warren Buffett:
"The stock market is a device for transferring money from the impatient to the patient."
Seems to apply excellently to what we are witnessing these last couple of trading days.
Shaky retail investors are leaving the ship. However, still no insider selling so we are clearly seeing stress caused by one bad(??) news release and the radio silence afterwards.
I firmly believe the patient ones will be rewarded in the end, as is the case in so many situations.
Don't get me wrong shorty, you might get a quick buck in the short term but being short NVO or out of NVO at the moment would bring me waay more stress.
Good luck to the lone survivors!