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esalman | 1 month ago

40% is not earth-shattering when it closed at $6.73 yesterday.

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0xffff2|1 month ago

The absolute value of one share doesn't really mean anything. No matter how you slice it, down 40% means that the company lost 40% of its value overnight. That's pretty Earth shattering for any company IMO.

esalman|1 month ago

If it does not mean anything, why do day traders concentrate on sub $10 stocks and long term investors ignore them?