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10 hours after lift off and it's still active...

I think that it has a lot to do with wave riding. Let's say you jump on a stock like 787FLY as it's going up today. Tomorrow, you see another stock that's moving an want to jump on that one. Since the 787 probably won't fly in time and you're holding what you feel to be wrong position, you sell 787FLY to free up money to jump on the other stock. Enough people do the same and oh, look, 787FLY starts going down and people start shorting it. Meanwhile other people that have been holding long quickly also reverse their positions. It's self perpetuating.