Been watching the price action all day… 2 observations:

1) it was the retailers who sold the stock in most parts. Just look at the volume of individual sales most 100 to 50 shares each… it is comforting to see this because these are the clueless retailers with sheep mentality that go with the flow. They just took their hefty gains and happy to even pay the US treasury 40-45% of their gains toward our national deficits. So who were the buyers? The big boys of the street. The same folks whose analysts (such as Matt Schindler of B of A and John Hachte of Jefferies) who downgraded the stock and lowering their PT to $250 and $300 respectively (from $300 and $333).

2) And the best news of all Zacks has a SELL on UPST

New buyers will be coming to the stock as the dust settles.. just be patient… this shall pass and this drop will prove itself to be in a couple of months the golden opportunity that happens once in a blue moon!$Upstart Holdings, Inc.(UPST)$