Big big volume and huge support despite the overall market decline and solar weakness.
I think people realize now how much YGE will benefit from all of this weakness that will really hurt the other players.
Some solars dropped and had slight upward movement or held right at the end.
THere is pressure going into earnings for positioning. We've seen these games played before.
There is a lot of short interest in the solars, as usual, but it doesn't reflect long term positioning or even positioning for a few weeks.
I sure was wrong ... never would have guessed this close today, in the 14.71 range. The close was fever pitch with large blocks being bid and ask, which must mean stops and limits kicked in all over by retailers as well.
There was a 39K bid block at 14.70 just before the close.
I would have guessed with all the big bids today there would have been some upward movement at the end, especially with the DOW moderating somewhat.
Will be very interesting to see what happens in the next two days, especially if the general market recovers.
I wouldn't bet on it getting that low unless the DOW is minus 250 or more. I accumulated at 14.84 yesterday morning, thinking that was a good bottom range for a while.
Do you have an order in at .77?