Submitted by Tyler Durden on 06/04/2012 10:18 -0400
Sad to say, it looks like we were right last week when we pointed out the coincident ripfest on Thursday that ended perfectly at a previous VWAP close and enabled heavy volume to exit into month-end (and on those weekly option expiries). With a $26 handle once again and having traded as low as $26.57 this morning (40% from the $45 IPO-day highs and 30% from its IPO level), FakeBoom truly is the gift that keeps on giving... losses.
http://www.zerohedge.com/news/fadeboom-down-40-highs-new-all-time-low?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29


Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.