Because its all retail getting spooked , if data was bad we would be at 3 or 4.....everybody needs to chill and wait ..this is why I only buy calls in these. I'm prepared to loose 2500 for a chance to make 25k..if I loose I still have xOMA halo calls
Volume is picking up but it's small retail blocks... the retailers are spooked... hedge funds are executing a raid to drive you to the exit...they are loading up on cheap shares... huge news coming. You don't really think smart money would have accumulated over 80% of the shares if they didn't know this was going to pop? Still no sign of smart money exiting.