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Red Hat, Inc. Message Board

  • mountainsfrommolehills mountainsfrommolehills Mar 28, 2012 6:19 PM Flag

    3100 after hours trades for a volume of

    654,000 shares as of 6:00pm. The largest block traded was 9,000 shares. The institutions are holding onto their shares, and the shorts are going to be forced to cover Thursday. I would expect this 8.44% run ($4.44 at the moment) to hold or go higher in the morning. Hiring 1000 additional people and a $300 million stock buyback is a pretty good indication that the new products are taking off and all systems are a go. JMHO, do your own DD.

 
RHT
49.87-0.23(-0.46%)11:02 AMEDT

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