According to my calculations, before today, the three trading days prior were "up" days with a combined $0.71 increase equating to a 12.37% gain over the closing price of $5.74 on the 14th.
6/19/2012 0.26u 6/18/2012 0.18u 6/15/2012 0.27u
We have had only two times, this year, with three or more consecutive days of gains, the last being from Feb 1 - Feb 6 (4 days) representing a 8.9% increase and Dec 30 - Jan 6 (5 days) also representing an 8.9% increase.
<someone check me on this>
Few and far between. Strength in the 50% increased delta this time? Can the three day up repeat again soon?
Run, good analysis on the stock price, imho that is the type of info that really matters in this environment where fundamentals have obviously been thrown out the window. I also think the uptrend will continue with a big gap up day in the next few sessions. Basically $6 will look like a sharp down spike on the charts after next week. I think the base will build from $8 and build up from there.
SI was about 40 million, trailing data as usual. But naked call writers can add another few million to the real SI.