This is actually more than 25% down, but if you choose to compartmentalise fluctuations into daily segments, yes then GMV is only down 2 cents. Market manipulators are doing a sterling job, which also presents excellent buying opportunities for everyone else. I just don't know where the bottom is the way this is retracing. I certainly didn't see 33 cents coming.
Ann: Appendix 3Y - Yacov Geva, page-43
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