With the Dow dropping below 13000, and as Cefa said many short term holders picking up shares at higher prices we could well see panic set in amongst traders today.
For the T+3 traders who liked the way the graph was heading and thought they would make a quick buck off HGR, they are now likely to need to exit. This could lead to some excellent chances to pick up some cheap shares today - putting in an order to buy between 3.8 and 4.2 could see you get a good discount.
Good luck to holders!
And for the reasons above, don't be spooked if the price goes down - take it as a gift.
;-)
HGR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.