Closed up at 90c. Thoughts on what that means from a technical perspective?
I watched the action for an hour today and I agree that most of the volume is just churning from broker to broker. Interesting theory about the end game. I do wonder what they are up to also. As mentioned previously I think takeover, as shorts have stayed around the 5% mark for a while now, and I've not come across this much algo trading on a company this size before... It's such a smart move for private equity I just have that feeling that it's going to happen. But then I might just need to shut up and watch less everyone think I'm crazily screaming the same song haha
MRM Price at posting:
90.0¢ Sentiment: Buy Disclosure: Held