The MM's are always going to get "theirs" . . . they cannot be denied.
Although it's difficult to see humor in a chart . . . today's chart is actually pretty funny. I guess the bulk of the stop-loss-orders were sitting around $1.30 . . . . mission accomplished; the poor-bastards that got triggered are now buying back at $1.45-$1.50 . . . . what a world
Stop-Loss-Orders = Self-Fulfilling-Prophecy
The guilty must suffer . . . of course, some would argue that it's simply a short-covering rally.
You've got it wrong SRK, this is why the takedown today... http://www.fool.com/investing/genera...recovered.aspx LOL. Funny, I remember when everyone (including me) was threatening to boycott Motley Fool for their bash pieces. It must be getting bad on SA, if the Fool is calling them out.
Oct 04, 2011 1.40 1.52 1.27 1.47 179,243,663
Oct 03, 2011 1.47 1.57 1.44 1.45 97,860,103
Sep 30, 2011 1.46 1.54 1.44 1.51 76,184,827
Sep 29, 2011 1.70 1.70 1.46 1.49 194,048,742
September 29, MM's prop-up price long enough for Fund Managers to unwind positions for the quarter
October 4, MM's pierce SLO's long enough for Fund Managers to open new positions for the quarter
What happened to the MM's on 9/30 & 10/3 you ask (insert voice inflection)? Owing to their great success and keen business acumen, they took a well-deserved 4 day weekend.
Note to the MM's . . . don't bullshit the public.
As for SA . . . nothing more than a pimple on the ass of an elephant . . . the equivalent of taking a piss in the ocean.
Next SA/MF article will no doubt grasp-for-clicks with a "Reverse Split Redux" headline
No one thinks this take-down is related to Netflix? Netflix got crushed for raising prices (even though it was cheaper for most) and then Sirius XM did the same while the market was still reacting.