RE:Shear panic right nowI really hope a lot of people lost thier shirt from the pullback. I do not mean to sound apathetic, but this kind of pull back is sheer panic - obviouslly many people pulling out as losses. Sucks really bad, but my FIRE average is at $0.28, so would need to drop a lot further for me to pull out now. So tired of inexperienced players and weak hands in the bunch.
The market needed this to flush all these out - unfortunatly, all the weak hands and inexperienced players are at a loss, and going to get scooped up by much stronger hands and institutions, therefore making rich people richer....
Hopefully by the end of day, will go back to $2, as this kind of pull back on Supreme is unwarranted, as their value is much more reasonable than many of the others IMO.