Remember, shorts cannot cover until the market opens.
I think it was the short hedge fund, naked short selling to keep the price down on an up day for the markets,IMHO. Not sure of the financial weenie take on things though.
Well,I don't know much about M Dells' financial weenie. I not sure what that is and I'm fairly sure I don't want a view of it.
10:50am est. It involved selling 100 to 200 share blocks at the bid right up to the closing bell and it occurred every 20 to 30 seconds for some periods throughout the day and during other times once ever 60 seconds or so.
Yes, I think You are correct about "all longs have bailed". All that remains are short sellers with 19,351,681. shorted shares that have to be bought back. Just the hedge fund computer program naked short selling 100 shares at the bid now.
My shining intellect is given to us from a higher dimension as a vector by which we can reach communication with ultimate truth.
Hey, Donald ! Get with your Boss and ask why He switched the programmed trading computer to begin buying 100 shares every minute or so at the ask rather than the 100 share naked short sells . The switch occurred about 1:20pm est.
Hey hedge fund paid- stock basher guy, you're are really showing your racist, moron side with this. Don't like black people too much, I guess.
Yes. There are three things that excite me about this stock. 1. Over 20 million shares short. 2. The CEO of the company owns 2,359,141 shares, (found this on the co. website), so He definitely has a interest in positive things for PRKR. And, 3. From the day of the big drop from 5, daily short interest has consistently been up around 50 to 60% until last week, now it's around 12% to 9% per day. So, the short hedge fund knows that they have over done it.