To get 8% in a negative market seems a bit odd. Little to no profit taking. Someone knows something...
people waking up to a stock worth 65 min trading at 40
i agree that MOS is a steal at these prices... but today's action was consistent with the broader market. shorts covering. if it went up like this on a DOWN day then YES something is up. But the dow soared more than 200 points today!
Volume is not excessive so I would say it was just over extended. With Market up 2+%, 7-8% rebound for MOS when it was down further than the Market is fair.
Agreed Mr. Cody, not enough volume for a "news leak" This stock is simply WAY oversold, it was due for a little rebound. I'm long and want a buyout but don't see todays move as a sure sign of that.