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$Vertiv Holdings (VRT.US)$ why is it dropping today?

$Vertiv Holdings(VRT.US)$ why is it dropping today?
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  • Aaron Invests (AI) : Uncertainty in politics and fed

  • Timtan85 : Earnings out good guidance good then dip. Let the institutions buy

  • 10baggerbamm : you can chalk it up to what's called a tech wreck. the company beat top line revenue earnings guided higher and the stock was trading $95 pre-market and then the rug pull started with all of texts you had Biden come out and make his asinine statement about limiting technology sales across the board to China and then two days later you at Taiwan semi come out with earnings and they beat the street as well but Trump came out and made a statement that if Taiwan wants protection they're going to have to pay and that started this cascading effect straight down and it hasn't stopped. so now you have hedge funds that are short in the shit out of every tech stock every basket of tech stocks and retail is selling, combine that with the fact that they believe that small caps represent value because 70% of the Russell is losing money and their revenues are down for the past 4 years and then the other 20% of the Russell are regional banks that hold commercial loans that haven't been marked to Market in 4 years and most are sitting at 30 40 50% vacant which means the value of these properties are down 60 70 80%, it doesn't matter at this point because the market's not rational they're just going to destroy technology stocks until they find the bottom and I have no idea where the fuck that is but I'm getting killed

  • Bully Bill 100 OP 10baggerbamm : me too that's why I was asking

  • Bully Bill 100 OP : looks like in post market it may be going back up unless it's a trap

  • Chris Ivan Ang : It’s being shorted. Feel like we should get roaring kitty on this and squeeze the shorties

  • Bully Bill 100 OP : I think they are getting squeezed in post market lol

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