RE:Panic sellers of today
Seems like this may be more than some panic seller. 2M shares by 11am after what seemed to be postive news is odd. I am not sure how many of you are old enough to remember, but a few years back we saw them release decent news only to put a big PP together and the stock dropped 50%. I am not saying that is what is happening, but they are most likely low on funds w these delays and the last time the institutions were the first ones to dump to bring the PP price down while retail shareholders were left holding the bag. I bought a bunch this morning thinking ppl weren't reading the release correctly and the stock would pop back up, but there is a ton of selling pressure which isn't warranted... Something is off...