40% dividend, Oil approaching $100, Nat Gas going up due to freezing weather in the NE and WHX trades on at least one oil related ETF, so it goes up with the oil market.
Why did it go down? Spikecactus had the best answer yesterday when he pointed out the million shares traded (by one investor?). The real question is "who are the idiots who sold to 'him' at any price"? They gave him over half a million in dividend profits.
People, DON'T SELL and the price will recover and then keep going up, at least until the next dividend is announced. If the dividend is more than $0.51, then it will spike from there.