This is incorrect. There needs to be large investors willing to buy at $140 in order to say the CFO failed. There likely wasn't.
You can't compare the actions of "smart money" like Fidelity, etc to a small investor swept up in the speculative mania and buying 50 shares at $140. Those are the ones propping up the prices until the big money deems it safe enough to buy large volumes.
You can't compare the actions of "smart money" like Fidelity, etc to a small investor swept up in the speculative mania and buying 50 shares at $140. Those are the ones propping up the prices until the big money deems it safe enough to buy large volumes.