Panera Bread Co. Message Board
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reason(s) for price surge ??
YOu are all assuming that the only reason that the stock went suddenly fromj 39ish to 46ish is becuase of SSS of 7%....Your assumptions don't necessarily have to be correct. There -could- be other reason(s) as well. Time will tell, won't it.
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There could be several reasons but, the most likely one was short covering. Which btw is a weak way for a stock to hold new highs (short or long term).
What goes up...
Stock flows from weak hands to strong hands...
Large reactions have a way of reversing...
Bulls bears pigs etc etc...- 1 Reply to return_of_stickybuns
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the fair value of this stock. (How profound!)
I don't make the rules, I just followed them for over 40 years and trust me...I've seen it all!
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agreed
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IMO you can safely assume the large short interest in this computer age had something to do with the move from 36ish to 46ish in one day. The trend line was clearly broken on volume with the 7% SSS confirming the 4% of Dec.
In the current regulatory environment, the management is not likely to be pre-releasing information to anybody. A ligitimate increase in price evaluation by the major holders would have to be extracted from the reported SSS.
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