Very low premarket volume as compared to after-market? Whats your take on this? I expected more volume this morning; surely she hasnt topped at 9.00. With earnings like this I'm sure the price target will go above 10.00 from soon.
We've only made it to a new PPS level slightly here (if it holds) since it's been back and forth since the secondary/big PPS new level there? Ha ha It might do it again (the second big one).
Generally the volume is low across all indices and we are in a seasonality area for tech so it might be the fall before we could see some really good things happen. Probably Q3 if all goes well might be something really special.
Shorts don't seem to stay here, based on the numbers they publish. Last big leap pulled out the highest amount, though. It's seemed a while a large position or two is getting out along with the traders.
I remember I said smart money was buying in the 6's and bagholder had questioned that well they new to buy now they will take partial profits but are still waiting for a larger move which I suspect could get us to 11 or 12 before they start letting it all go.
Also the next leg destroys any of the short interest. So we can expect higher prices in the short term. O r just based on metrics should expect higher prices.