Jun. 28 at 1:07 AM
$SPCX just came back from the future...
MONDAY : Early morning pop to
$154.46 then slow grind down to
$147 EOD.
TUESDAY: Bullz choke on SpaceX's
$25B bond issue, and finally face the reality of index buys being a non event.
TUESDAY AFTER HOURS: Puked past
$147 forced 2x leveraged ETFs (
$SSPC /
$SNK) & mm's into violent negative gamma shart.
Micro float liquidity evaporates, forcing automated mm selling that flushed this steaming turd straight to the mid
$130's IPO base.