Does not look like there are any real buyers in WLT!
Looks more like a few shorts covering to more sellers. Why would anyone want to be long this stock. We are in a scenario that stock with big debt and losing money are being shorted by the big money. They are long the financials, transports, retail. Coal companies they are killing and in no need to cover. No one is buying these things. Mutuals are selling them and there is no incentive to buy. They will have a long trade but it will be the big money that decides when. Folks continue guessing the bottom is in and are getting burnt. Be careful with these stocks. They can still go lower. GLTA