- Aug 4, 2000
I think shorts hit it hard the past two days along with new "longs" panicking and dumping. Yesterday I bought email@example.com and dumped at 5.20, not much profit. I was hoping for $5.50, but it starting going back down so I figured I better book some profit than no profit.Agree. There wasn't much reason to believe it shouldn't fall back below $4, and just when it looked like it was about to, it soars.
Guess I'll ride some puts back downward.
Today might simply be the stock responding to the overall market rally and "vaccine hopes", etc. Hard to say whats going on otherwise.