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Novadaq Technologies Inc. Message Board

  • henry_jimbob henry_jimbob Feb 3, 2014 11:04 AM Flag

    earnings short covering;

    Friday looked like short covering; or either creating bagholders at 21.;
    If you guys are correct about greater institutional holding post the follow on,
    then the shares move to the 24 - 26 region sometime this year; I'll hold;
    last trade 19.82

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    • Just a swag, but I doubt the market makers hold much of the outstanding;
      The lead's trading algorithms poped the stock to 19.70; too bad we could not
      see the level three adjustments; If someone wants this growth, they will have to pay for it;
      These prices would not have been seen on a flat day, even after friday's move;

      Futures are higher, tomorrow, through Thursday's close will paint the picture;
      don't sell, let the market makers use their inventory up selling to small cap
      growth funds.

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