Here is what I THINK happened to coffee pot today..
He was following Anthony@Pacific. Anthony Shorted at 2 1/8. Coffee pot followed, but because the downward move happened quickly, or due to a slow broker, maybe he/she/it only got the short at $1.90 or so. The move down to the 1.60s was fast, Anthony covered @ 1.68 and posted it on his site. Soon after, buyers came in, and up we go again.
Maybe Coffe was away, in a meeting, on the loo from all the coffe, in a car, in a bar, or who knows, and was secure in the belief that PNLK was gonna tank. Lo and behold, now it's back up above 2, and I am guessing (in my opinion) that coffee was left holding a short overnite, in a stock that has a good chance of gapping up in the morning, especially since the news was posted on the T site after market close.
Hmmm, no wonder all the nervous, frequent posts. |
