Why else would the stock move? The public information is a total disaster. So is this move somehow orchestrated? Who knows what? Is there some "good" news on the legal front in WMB's efforts to deny WCG shareholders standing in court?
Will this move just set up the next crash? Are supporters of WMB using the situation to dump?
What did you think of Tyco last week at $8.50 and what do you think of it now at $15.50. I am sure People over at Tyco will go to jail. It does not mean that shorting at any price will pay. Tyco was expensive in january at 60 Williams was expensive last year at 40. Neither are now! There are plety of places to make money shorting - Why don't you short Phillip Morris now rather than at $12 after Litigation risk pops up again. Do the smart thing don't get greedy and cover.
My god. Shorts are trying anything at this point and I love it. LOL. One could make the argument that all the negitive news was put out to trash the stock so the big boys could scoop it up and then run it and leave the little guy behind.