I expect the Wave ii 22.07 (maybe 22.05) to hit either today or tomorrow. Volume is really low too, so maybe we get it this morning. It's also very possible that we retrace 100% to 21.88. One more possibility that's been running around in the back of my mind is the 20.92 that I mentioned last month. I don't think we will get there, but just putting that back out there for everyone.
We shouldn't have any problem getting to the 21.88 areas before earnings. There is a trapped long in here that is trying to unload and can't find any bids. I think the closer we get to earnings the more aggressive he will have to become. I think we see a couple blocks come through like yesterday if he is spacing his sales out over the 4 days. He will probably take the 21.90 area and find enough buyers to unload his shares, Im thinking he has 2 million to sell, based on his sales yesterday. the short interest is really low, so the bids will be hard to come by. Wait for 22 or under to take his shares