Heavy selling What a bloodbath the last few days have been.. gut wrenching to watch really. But I took enough profit in the $2 range to feel comfortable enough to watch the swings. I'll be on the bid tomorrow if we have a nice gap down situation on our hands. Tough to say where this thing stops really. I think if it goes below .9 it's a no brainer buy. Bought 5k shares today at 1.27 and will drop the bomb on the bid tomorrow if the price is right. Hope they cover their shorts tomorrow!
Just take a look at CMPS. Why haven't they dropped like this? Because retail doesn't hold them. Retail can be shaken out and manipulated much easier.
GLTA