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Rackspace Hosting, Inc. Message Board

  • whatdidido1970 whatdidido1970 Feb 14, 2012 12:50 PM Flag

    The markets move the last two weeks is shorts getting squeezed this

    is certainly real but the air will come out quickly when the market decides to selloff.The hedge funds and big boys went short probably near then end of jan begin of feb but have been forced to cover daily because the market wont selloff...then retail comes and fans the flames.Once real selling /profit taking comes it will dive quickly and so wont rax...this is short covering.This move and many others are NOT because of earnings.

33.69-0.85(-2.46%)Jul 10 4:01 PMEDT

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