So today we found out that most of the legacy owners are now cleaned out, but Soros, and Einhorn have increased their shares. What does this mean? To me, this is capitulation. We needed this badly and some confirmation. I think now we see new money come in and the stock start to slowly rise. The volume has come down quite a bit and that also tells me we will see less manipulation that we saw back in Nov and Dec. Think about it, something must have leaked because we saw the same pattern every day in Dec. Premkt rise, then fall. We are not seeing that as much these days. I guess we'll know more at the end of the month, but for now, I think we have a real bottom in place.
Not many of those around.
Not to mention the short happy crowd, or the call buyers that just beg MM's to crush the PPS.
In a rational world this wouldn't happen.
Short of a "beam me up Scotty" transporter, Cook gonna have to have one heckuva hat to pull out a giant rabbit