He just stated facts everyone knew for YEARS.
Give us a break ...
Yup, with the price increasing like mad like in the previous days, every other hour someone would say "it's going to crash soon". He just happen to post it at the right time, big deal.
Also I wouldn't call this a crash, I'd call this a correction. For the moment, at least.
I must have him beat then (and most people here).
We've been calling the inevitable crash for the last month. Unfortunately nobody listens to us.... let the media have 'their' moment in the sun.
Why wouldn't it burst when it went from $36 to $266 within 30 days?
Personally I would expect the crash to settle around $45-$60 ($35 + 30 days natural growth, not the growth we saw)