In other words, not real, not real at all. The early week run was many trading desk, all on the same page that ran it up, it was not real. Today, probably only one desk, maybe two. So, watch the air come out, they were in here early in premarket, first trade going off at 2.24, this got the lemmings/clowns all excited...And yes, the clowns are back in here today, a true predictor that it is a counterfeit bounce.
Let me repeat, this stock will not have a sustained rally until the economy is booming, this will be reflected in a strong BDI, the BDI now is near it's low. It may hold on to some of it's gain today, only because a strong broader market. But, the market is way overdue for a pullback, bullishness is never been higher. A market killer in due time.
Ralph Acampora on CNBC now, his bullishness is a market killer. too. It was back during the internet bubble. The market will punish the most, most people are bullish.