The short covering will start tomorrow (they always cover on Friday to lock in profits for the week) ... this will cause a rise probably to mid 16's ... then additional covering Monday and Tuesday will bring it up to the mid 17's before the earnings release on Wednesday. The better than expected earnings report and expectations will push the stock up to 20.00 by next Friday.
That post sounds very logical. During OVTI's "quiet period" when no news -"good or bad" is being disseminated, it is very easy to spook the smaller investors, create doubt and fear, and panic them into dumping their OVTI shares. Friday IMO should be a very interesting trading day!
Could be, What a great week they had... even letting stock rally a little wednesday and killing it in place before selling off this morning from get go.. They know their shit, now they get to buy back cheap, when no here can afford to buy. Whoever orchestrated this, i want him to run our investor relations department.. get rid of Rossi!!