#NEAR The morning news was still hyping 29 million paid subscribers, then it turned around and dropped from 5.63 to 4.30.
Down 11%, with 1.47 billion in volume—nothing but panic selling.
Now it’s catching its breath just above 4.7. Anyone stuck above 5 doesn’t even want to look at the charts today.
The news—you believe it once, you lose money. You lose money once, and you still believe it.