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$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ...
$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ def year end black friday sale. some big institutions just wanna clear out their chips inventory. time to load some while discounted
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10baggerbamm : I don't think tax sales have really hit yet quite frankly. there's a lot of retail investors that have been fucked six ways from Sunday since August. and tax losses will happen before the end of December
10baggerbamm : this is mostly shorting from hedge funds algorithmic programs because the retail volume is light today it's a day before holiday a lot of people are traveling so retail is virtually non-existent meaning they can manipulate the fuck out of anything they can collude together and say step away from the bid I'm selling a million shares here shorting it I don't want you to get hurt so just walk away and that just proliferates this snowball effect going downhill
FastMoneySniper OP 10baggerbamm :
perfectly sums up