JUST because these hit the CNBC ticker, they fly. CHGS and XING 2 of the newer mining hit parade. One in pre mkt has gone from $2.50 to over $4 !! Pre mkt and add holiday trading is thin market, you get volatility.
You get the kind of hot money chasing MOMO like you had in the tech bubble days, people are so stupid and have very short memories.
ALL this FED money is targeted for asset prices, to SPUR CONSUMER SPENDING.....yet Consumer Sentiment And Housing lag near 2009 lows! FAILURE!!! yet they will keep going with the failed policies.....if stocks had any connection to feet on street they would reflect how hard it is to get a job, yet because of seasonality, todays claims fell to 388,000. If real Futures should be shooting thru roof, they are unfazed. SUB sector of Consumer Sentiment was a drop in jobs picture, go figure!
D
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