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Message: Today's big drop in price

Today's big drop in price

posted on Sep 15, 2008 03:17PM

I'm not sure, but this looks like it could have been an "orchestrated" run on trailing stop losses.

Some MM could have dropped the prices suddenly, causing a cascade of stop loss orders to be triggered....

He or she could have picked up a lot of those 1.62 million shares that traded today!! Knowing that in a couple of weeks that those shares are going to jump in price!

Does anybody on this board know of any people that got their shares stolen today by this theory?

Best Regards,

Long for Cash

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Sep 15, 2008 03:25PM
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Sep 17, 2008 12:39PM
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Sep 18, 2008 07:00AM
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