Most likely, nothing less than a bag for the sophs, means they can still aford to sell below the CR in the future if they are still holding stock and still come out with a profit. Leaving new investors or day traders scratching there heads as to why the CR price is never a sure bet for supporting the share price.
Good place for sophs to trigger stop losses tho and rebuy for round 2
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- Morning Trading August 14
Morning Trading August 14, page-23
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