What ever it was it failed to generate so far the needed release of millions of shares to allow cover. Back to the drawing board. Less than 2% of the 210 million OS have been traded since the news. This tells me no Institutional participation. Hmm. sooner or later those on the sidelines waiting for confirmation won't wait and may realize that its going up from the levels set yesterday after the CC.
dirtsman they will keep this as low as possible so that the margin shares enter in at as low a pps as possible. With the potential DEA scheduling any day there are also buyers that are weighing the beat down that happened and if this becomes the best potential entry. Just too many shares short and no volume here tells me they have to create another incident or must blocks at the open to create panic and a scenario for non margin sales by retail longs. We'll see shortly.