MONDAY!
If the short sellers, who were no doubt driving the stock down, for the past week, combined with the options price being 15 for the optimum for the option mm's, and other factors involved...plus silence after wed, from the cable show...I was impressed that the stock closed@15 1/4...now...as I watched trading on the "ticker tracker" I continually saw, a trade of fair size, 1 to 5 K always followed with bids under the last trade...100 200 300 shares, and they would be printed on a down tick, very deliberate, and constant thru the days...same with the openings, when the stock would spurt on the open, then the bids started coming in one after the other, all small trades, and always a tic under the last trade...this process has been on going for the past week....Now all these short sales(that were made) have to be covered, ie they have to buy the shares back...that is considered bullish, and if and I say if, there is news, or any positive buying by funds or the market players, we could see a very positive monday! this is what I expect...enots! |
