Was Phase III, though. And, there was a huge short position there. But, nice to see, just the same! Remember ICPT?
I was ready to gobble some up on the opening dip ... sigh!! Impressed that there weren't many traders or sellers on the "buy the rumor, sell the news" CC event.
Just have to hold what I've gotten so far!!
Same thing happened Friday ... scalpers, daytraders and profit taking. No worries! We're doing huge volume ABOVE $6 ... it's all good for now!
It's gonna get ugly(er) over there! Now that the Olympics are over, Putin will unleash the hounds! Sad!!
My comment was meant to be a joke and was in no way implying I thought he was bluffing! And, as I've said to you before ... I don't see much downside risk here. If you're out when a new contract/deal comes, you won't be able to chase it. Shorts must be hedged somehow because I just don't see their continued risk/reward position here. If you are so bearish, yourself, I'd suggest looking for your next investment and not worry about what happens to UNIS in the short term!
Over 1.5M in the last 30 minutes. They were buying into the close and then the daytraders left for the day!!! Nice close!
This volume is off the charts! It would be a kicker if there was something released prior to the conference, wouldn't it? Loose lips ...
Most are probably praying for some REAL volume to cover into, at this point. They had better hope it's not a crushing spike like the last time!
Hate to say it, but there's got to be "something" to this besides just TA. Upcoming conference, potential news ... whatever it is, 5M in volume on this kind of move says someone knows somethin' that all you longs figured out quite awhile ago.
cre8...thanks! I'm just an armchair technician. Like to learn as we go. Appreciate your thoughts! I'm assuming you meant we are not overbought? ;-)