The last pump before the big wigs get back to short the highs.
Ever wonder why there are numerous gigantic calls right at the peak before market corrects?
Its called some big hedge fund paid them to hype so they can short the heck out of a bloated stock.
For instance today AIG is up +10.77 where was this guy when it was at $9/shr after falling 50% right after reverse split?? Best thing to do right now is stay on the sidelines and watch for opportunities and there will be many because just this morning you got a taste of how bad it can become when 3 to 1 stocks went down. Hard to hide when 75% of your holdings are down.
Capital Partners guest appearing on CNBC says he could see AIG trading at $100, may even see $200-$300/share (49.00 +11.31) -Update-
Notes that the stock was trading at $1400/share on a split adjusted basis; noting he could see a $300 print in AIG shares