This stock is getting played so hard by day traders....
With the volumes getting moved every day and only 700m on offer, we've gone through the entire availability meaning there is a bucketload of ST buys and sells....
The drop today is simply them taking their profit out of it. Other people panick thanks to "useful" posts like the super triple twist slam dunk, sell a bit more driving it down just enough for the DT's to get in. Then the SP goes back up and start the cycle again.
I love HC, but the BGS thread is way too overloaded with the same thing time and time again. Not against excitement, I'm definitely excited, but seriously, posting things like it's going to boom, explode and destroy or calling retrace, retrace, retrace 100 times in a day is not helpful to anyone. Posting new info and discussing existing trends and movements however is.
BGS Price at posting:
3.3¢ Sentiment: Hold Disclosure: Held