helpful Monkey_4593 : I am not giving financial advice, but if it were my trade I would have cut my losses at 40%. But this also depends on entry price and amount of shares bought. If it is over the 40% in losses, then average down or hold.

helpful Monkey_4593 : You don’t fight against them, you learn to work with them. Watch the level 2’s to see the incoming and outgoing orders. Use that info and chart analysis to help you make your trading decision on entries and exits.

helpful Monkey_4593 : Next support will be about 8.00. It bounced off the 10.00 in AH, but we will see tomorrow if in continues up. Needs to hold 10.40. Could be a dead cat bounce.

helpful Monkey_4593 : I think momentum can build as quickly as it is squashed. RC may have sold, but it doesn’t mean he doesn’t plan to help their company still. He is a venture capitalist and it is his job to get a business back on their feet again. He has a proven track record of this already. Their are plenty other whales out there that buy and sell millions of shares, but this doesn’t always kill momentum on any other stock. The media puts out any kind of FUD they can especially on meme stocks. We have seen it time and time again with GME and AMC. This stock is no different. This time they chose RC to be the fall guy to get ratings. It doesn’t matter that he sold. BBBY has a great setup and if people are smart they will see through all the FUD and know this is a great trade.

helpful Monkey_4593 OP : I think momentum can build as quickly as it is squashed. RC may have sold, but it doesn’t mean he doesn’t plan to help their company still. He is a venture capitalist and it is his job to get a business back on their feet again. He has a proven track record of this already. Their are plenty other whales out there that buy and sell millions of shares, but this doesn’t always kill momentum on any other stock. The media puts out any kind of FUD they can especially on meme stocks. We have seen it time and time again with GME and AMC. This stock is no different. This time they chose RC to be the fall guy to get ratings. It doesn’t matter that he sold. BBBY has a great setup and if people are smart they will see through all the FUD and know this is a great trade.