RE: Price drop?8 May 2014 09:47
Its just a stop attack. People had their stops set too tight, shorters depress the price to make a few stops trigger, making the price collapse. Then they buy at the bottom and, in theory the price should end up back where it started or higher. DYOR, this may be wrong, but I don't think so. People who hold/buy at this price will be the eventul winneers IMHO.