Why is Genomics going up afterhours ? Are they going to talk about colon cancer research status.. If positive ..should be worth something until FDA approval.. If you can do it for breast cancer it is just a matter of time, u can do it for other types of cancer.. .... just an educated guess..
After hours short covering. There is a small float on this stock. If the report is a good one, suppose a very good one, a short could find himself in a lot of trouble trying to find stock to cover. Instead, if he has a profit from the last couple of days of trading (price was down) ring the cash register and go home. There is not a lot of AH action though, so tommorrow could still be a very interesting day.
Tommorrow belongs to GHDX, a most under appreciated stock.