I am confuse...something is not adding up or is it just me...retails are not selling...I wonder what hedge is shorting this and why now?:)
I don't think they know anything we don't know. I think it is just nervousness about the general market conditions. There are a lot of stocks down today and only specific types are up.
I think weak hands are raising cash and others are hedging with options. Also, I imagine some are trying to time the market. They may get caught with their pants down if we get news on the trials.
I am actually glad they are bailing now. It will make it easier to go the next leg higher when we start going up again.