i think last fridays xt was set up for shorts. usa instos want...

i think last fridays xt was set up for shorts. usa instos want their entry around what the ipo was sold to them as. especially after they missed out of their fill.

today is a huge over reaction based on the news. maybe the bad bits are the final report doesnt come til may or that there was only 10 partcipants. but an average of 41% is better than most of us were expecting. 6mil worth of shares dumped short today plus any other traders from the likes of cs. pretty easy to see a capitulation event when retail is already on edge from macro conditions.