Stopped outStopped out of my position this afternoon. There has been persistent selling for the past few weeks, so insiders or people in the know must know something is not looking too positive. I had a 35 cent stop, which is more than 50% below the levels that this stock traded in March, so I gave it plenty of leeway. I'm not sure what went so wrong, so fast, but this is definitely a broken stock now, as ALL technical indicators are pointing negative right now. Unfortunately, one can't win them all!
At least I have some winners against which I can offset some of the losses from this stock. Have a good weekend, despite the price performance on CBLU.V