03-10-2012, 12:03 AM
Guys,
For going on few weeks, there are equal amount of shares on the bid and ask about .50 cents apart. Both are out of range of being traded but move with the stock price. Without getting into the weeds on details, it's indicative of a controlled short cover.
FWIW, the range of these two identical blocks is tightening. I'm anxious to see the latest short numbers.
For going on few weeks, there are equal amount of shares on the bid and ask about .50 cents apart. Both are out of range of being traded but move with the stock price. Without getting into the weeds on details, it's indicative of a controlled short cover.
FWIW, the range of these two identical blocks is tightening. I'm anxious to see the latest short numbers.
