I would cover. This will close over $44 unless the dow tanks more than 200 points and I think the market is going to price in the Fed. Buyers will come in in the last hour. Sad about the Fed stuff but thats the way things are.
Why didn't you short 20 points ago. Kind of stupid to short now, any positive news and this moves up fast. They could even get a buyout offer. The time to short has passed, now is the time to start a long position.
Good Move. It has nearly traded the average day volume in the first hour. They have started covering. Will be interesting to see where it closes today. It obviously has huge price swings both ways. It could move back to 45 and still be in a downtrend. We will see.