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That's when the heavy volume started arriving.It looks to be going higher, for now.
It does not appear anyone has a good reason why CMG took such a huge surge late in the day, I really don't think it would be short covering and I see no news that would have driven such a large move.
it's call manipulation my friend. this piece of crap should be sub 100. today, i sold march 300 calls for a huge premium. let's see how long they can keep this above 300.