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Message: myopic loss aversion

I still believe that today was someone seeing Scotia with a large stop loss set and someone aggressively went after it as soon as we started trading near the low 2.50's. That stoploss which someone posted was 120k I believe and we never recovered from there.

I don't think we'll gap up tomorrow but I expect over the day for us to recover and make up for that stop loss which hammered us down roughly 20-25 cents in a flash. I'm sure the MM's and HFT's took full advantage of that and kept it around that trading zone and are trying to scare investors with an end of day painting of the SP red.

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