This morning David mentioned that fund managers will often join the shorting game to bring stock prices down before they buy back in so they can show a better performance when the new Q begins to potential investors. I'd never thought about this much but it makes perfect sense and I wonder if that is what is happening here.
I know hedge managers and others try to minipulate the market by selling big in hopes of buying back in but as far as window dressing goes I don't think they play that game. They are mostely just interested in getting thier hands on the stock fast. Oh, to the chart person. Charts can be a very helpful tool as part of a stock analysis. They make a lot of sence particularly when you are an options trader!!!!