Looks like a short covering was triggered today,
probably because there may not be a capital raising now (which may have been planned for covering existing short positions),
so there was a bit of a scramble for stock (which might go on for a few day's).
I expect once the news came out, this event may also be used to allow some 'long' holders to 'get out'.......we'll see....
cheers
- Forums
- General
- Wyckoff trading method
Looks like a short covering was triggered today, probably...
-
- There are more pages in this discussion • 217 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)