Yes, I'm sure that forced selling was a major factor in the size of the SP drop. ST traders will have picked up most of that, which may mean that the SP will be depressed for some time, as those traders will want to sell into the next little bit of strength.
I'm sure that there are many holders that bought in the last 2 years that are more underwater than I am. They will also be more ANNOYED than I am, as they have been listening to the company line for longer! They may become terminallly frustrated by ady and the lack of instant billions, and move on to another company.
I'm not expecting a violent trend reversal, but I will be happy to be proved wrong.
ADY Price at posting:
7.9¢ Sentiment: LT Buy Disclosure: Held
