Something had to give. It was the near "miss". It looked like a concerted effort by shorts, MMs, and media.
I have to say I was fooled by AH yesterday. That is why I am inclined to think it was an orchestrated move today.
It will be interesting tomorrow for sure.
At least SPWR is holding fairly well.
I was very surprised by AH yesterday that it even went green. Too many want this to dip, too many want to buy the dip. So it had to dip from the forces you named: shorts, MMs and media. I have seen these attacks for the past 10 months, and FSLR rebounds every time, then sets a new 52-week high.
SPWR has their Analyst Day coming in a couple weeks nd nobody will forget what FSLR did on their Analyst Day. And FSLR is holding the entire gain + more from their Analyst Day.