Quick turnaround in the share price at 2PM EST ... fairly high volume ... Interesting ...
Did the shorts exploit todays earnings news to drive the stock down this morning then turn the buying (covering) loose after lunch? If this is indeed the case, people in the know are expecting a good outcome for ABFS in union negotiations!
Red - This looks to me like a Union Rep or somebody has made a statement and institutions have picked up on it in a big way - this clearly is institutional buying and its HEAVY ...
Still flying ... and considering the continued heavy volume it looks to me like there's significant news, only we don't know it yet ...
I was contemplating buying today while it was around 9.50-9.60. Too late now. good for the long holders.