retail converted longs late shorts painting the tape, this will open up, company has about 2 weeks to respond, if non response in that time this goes to 2
premarket is total BS #$%$, thin trades with no volume, groupf of shorts trying to push it down with seed money
I would say at these levels it maybe a buy, good close yesterday, this should run to 5 level or more today. Same news being played over and over, look at NQ, and see what happenes when there is no marit in the short sellers statements, oh BTW - Jimmy just increased his stake by 10K again
8-Nov-13 10,000 #$%$ Purchase at $4.51 per share.
(Cost of $45,100)
11-Sep-13 10,000 #$%$ Purchase at $4.25 per share.
(Cost of $42,500)
15-Aug-13 20,000 #$%$ Purchase at $4.50 per share.
(Cost of $90,000)
28-Jun-13 10,000 #$%$ Purchase at $3.51 per share.
(Cost of $35,100)
there is no volume in premarket, someone is painting the tape with 924 shares, unless wolume is 100K shares, I would not take any indication of the price direction at the open
Ben will face huge post bubble crises, Rich giot richer, poor got pitcher, nice job BEN
Fed could taper even without strong job market
bye,bye bubble market