I think I can answer that since I have seen foreign buyers take this to $14 before. First its the morning volume between 9:30 and 10 am, then they go to bed. US investors take profits until 2-2:30 then when they wake up they buy into close. Its a typical pattern for foreign investors. Secondly any bashers, shorts or negative blogs are not seen or cared about in Asia, volume dictates these moves higher and lets investors plenty of time to sell as they work the stock in this case to mid teens imo.
i agree w bomber...and w this high volume..i dont see any pull backs that are going to allow investors to get in at a deal...but what do i know....i should have sold all at 14.90 and bought all at 1.30 in a perfect world