It would appear the momo algorithms have been set to full reverse warp speed. A combination of broker margin hikes and a high-beta to a falling market is claiming a few more "cult" stocks victims this mornings - and the volumes are huge...
It would appear the momo algorithms have been set to full reverse warp speed. A combination of broker margin hikes and a high-beta to a falling market is claiming a few more "cult" stocks victims this mornings - and the volumes are huge...
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/10166
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/10/20131009_momo.jpg