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  • ma45342312 ma45342312 Oct 27, 2010 9:24 AM Flag

    institutional buying

    I just realized something. In my last post I spoke of short activity still being here in this stock. Then I realized the information that Bloomberg put out yesterday that spoke of all the short activity that was going on in this stock was dated 15 Oct. That was 4 days before the quarterly earnings report. The shorts on the 15th were still hoping for an EPS miss.

    Maybe what we are seeing now is the shorts leaving. (for someone to short the stock someone still has to own it).

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