This is the 6th trading day in a row of being hammered more than 5%. And what was the crime by the company? Announcing large cost savings.
It could only happen in 2013. I know people are not that silly, but you get caught up in it all and then become paranoid, that there must be more "bad news" around the corner as "AverageJoe", my poorer cousin, or maybe now my wealthier cousin atm was alluding to earlier and then the rumour of more "bad news" spreads. If it wasn't so tragic, it would actually be funny.
It is all psychology people, wake up. You are allowing other people to outsmart you and get their way and make a fortune at your expense, simply by playing on your emotions.
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