Come up with a better topic than that..That one is old.. This is a huge opportunity,and the market knows it They wanted the weak hand's shares,and they got them...Don't short it ... Ride it up to $double digits
I Imagine the initial run up in the morning was due to investors that have been waiting for a good entry point... the rest was caused buy short positions being covered.... the longer these levels hold through the day the more little runs we will see by short positions being covered... I wouldn't expect this entire run to hold 100% but it is certainly a good thing.
last time there was some speculation on a baxter buyout. Plus good news on one of their pipeline products. There might be news tomorrow for us. But for now, this isn't a dead cat bounce. It's more than that. There is too much volume. 9 mil shares in just 2 hours ?? that's significant.