re: bottom Rager
For once we agree!!! Lots of stops hit today including some of mine with GSO positions in CFDs. I'm almost certain the providers drive it down to take out clients - why wouldn't they - they know everyone's stops! It bounced because it was artificially sold down for the above purpose and was way oversold on the day (23 cents between high of $1.61 and low $1.38 is almost unprecedented on a day with no news).
Smells that way to me and of course some instos may have been caught in the fall and sold as well.
H
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