Ask and you shall receive. Jefferies has a price target of $29, so from these levels you have 4% upside and your downside is about 30%. It is certainly unusual for a stock to go up on the offering - must be the institutions haven't finished dumping yet.
Hopefully my post will get this pig up to $29 area where I would short some more. After all the buy stops above $28 are executed and hype about the breakout is generated and gone there won't be anyone left to buy.
And the steep uptrend from Dec 10 is still broken - we are testing the underside of it now. The crows got killed, but there is always another day.
Sentiment: Strong Sell