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Looks like covering
#1

My guess is the 400,000 shares sold rapid were to catch those who had stop loss orders in.  Now 1.3 million have traded and well off the lows on the way back up.  I think there were some shorts covering.

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Messages In This Thread
Looks like covering - by ebster123 - 08-14-2013, 12:48 AM
RE: Looks like covering - by smeltman - 08-14-2013, 01:07 AM
RE: Looks like covering - by TxPm - 08-14-2013, 01:22 AM
RE: Looks like covering - by smeltman - 08-14-2013, 01:39 AM
RE: Looks like covering - by TxPm - 08-14-2013, 03:06 AM

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