up today, why
Short covering coupled with new Tec. that will be hitting the market in 09. A good bet and great time to start picking up some stock. My estimates is $50+by 2010.
Very simple, oil down = good for gaming stocks.
Did you short the stock at a lower price? Equity markets may have hit bottom, lifting most laggards, including IGT. IGT has a history of tanking, but always going to higher highs. Corrections come and go. Did you expect IGT to tank and go to zero?
The volume is not there. The move is not significant.