I agree on the defying of logic. There must be a mutual fund or other institution that wanted to lighten up or get out before their fiscal year end or this months/years reporting of the portfolio, and the buyers are light today. A good day for the individual investor to buy.
I think the "pop" on the open was the logical response of some short covering and a few investors buying on the news - which once again was good. I am sure this little "sell on the news" is a one day event. By Friday we should have a nice solid gain from last weeks end.
Today's close should be interesting. Would not be suprised to see a quick move up the last hour.
Some small funds must find this stock attractive and they have a great price today.