seems that BNB just blames the shirt sellers in the market for the problem
Honestly lets stop putting out emotions into this and think on logic
When a stock with the market capitalisation such as BNB loses 50% in 2 weeks there must be something submerged
My broker did reccommend me to short BNB at $12 only a week ago which I declined as I have never shorted a stock before. I wished I had
And please don't accuse me of stirring panic because small investors like myself and I presume majority of HC posters don't have any price moving power in a stock like BNB.
Just look at Barclays... they sold off everything...surely this is not a shorting of BNB
AFG, CNP,RHG all experienced this sort of free-fall (and yes their management all claimed that everything was fine) before the real story is known.
I admit that tmr BNB could rebound if Wall Street rebounds however you must then question their longer term survival.
Please do your own research
BNB Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held