Hit In The Face With A Throw Pillow
Well, folks, the BBBY saga has truly come full circle. Here we see how in a matter of just a few days the stock was squeezed up 100% and then squeezed right back down to where it started. Who knows how many 19-year-old wanna-be “traders” got destroyed by this, and their dreams of being “apes” and pushing this thing to – – I am not making this up – – $300 per share.
(Click on image to enlarge)
Looking at the volume below, you can see how the only thing “ape” about this entire farce was that trading went ape-shit, and I daresay those selling call options to these nimrods are dancing for joy in the streets.
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