Just google why Noble gap down so much today and it was because their trading unit lost $1.8 Billion there about with some other debts issued. This is a terror and risky counter with super fast buyers/sellers with speed and velocity. The stock looks weak yesterday but unfortunately there is no way one can short as most CFD house curb shorting for this counter. Today it opened and gap down so much that it immediately rebounded fast too with so much short covering. I am not touching this counter for now. Too risky for my appetite.
Ronald K - Market Psychologist - A Stock Market Opportunist
