Well, it seems that we had a little raid by the shorts this afternoon, which knocked two points off the price for a time. About 70,000 shares moved just then, and I don't think it was insider selling, because it occured at the Nasdaq low of the day. I'll bet our short friends sold short on the run-up after the CBS piece two days ago, then decided to try a raid when there was more favorable press today. Does that sound about right?
Correct me if I'm wrong... but I believe the way it works is that if lots of folks go long now, we can watch the price run up while as the shorts have to buy to cover. (There's a nice passage about this dynamic in "Yankee in King Arthur's Court," where Lancelot corners the other knights short.)
Does anyone silly enough to go short on a rapidly growing company with good cash reserve in a rebounding market, deserve to get squeezed?
and so is rdwr's trading volume. also, there is a 3 day holiday (starting today) in israel where alot of shareholders are located (including rdwr's workers). in a quiet pool like this, even little stones can make waves. but its only temporary.