Means Tel Aviv.....This stock float is very low and trades in both stock exchange.....The vol yesterday was 11Million on Nasdaq....Day before 6 million thats a lot of shares changing hands when it is not there so short sqeeze can be expected
the us leads the price,
that's where the volume is.
there is typically 2 mm dollars traded a day in tel aviv, vs. 50 mm to 150 mm in the us. and there is no premium in the us for the volume. so if you want to buy the stock, you buy the adr in the us. that's why it leads.
however the fact the local shares are trading above the adr (22.5 vs. adr close of 20.9) is a very good sign.
and if it is raining in Sweden when Jesse Livermore shorts MAGS while picking his nose with a stock certificate it's very good also. Grasping at straws, trying to convince yourself of a huge rally today won't make any difference. Time for this crap to pull back, watch and learn.
how is it a lie when I speculate that it is time for profit taking? I swear you guys are all on the rag, does it hurt your feelings to have someone take the other side of a trade? you really should put your money in bonds and stop playing the mkt.