Let's talk about that $IDOL from just now: down 7.75% in one hour.
When it drops this much in such a short time, stop-loss orders often come pouring in. It's better to wait until the selling pressure has eased before taking another look. Whenever I see a move like this, people around me always get excited, but I'd rather wait a little.
When it drops this much in such a short time, stop-loss orders often come pouring in. It's better to wait until the selling pressure has eased before taking another look. Whenever I see a move like this, people around me always get excited, but I'd rather wait a little.
