I reviewed the 13D filing and left wondering why the change of heart all of a sudden??? The only reason the stock went this low was due to their relentless unloading of the stock. Maybe they've come to their senses?
May 8 - 338,651 shares sold
May 9 - 203,430
May 10 - 190,107
May 13 - 55,404
May 14 - 12,408
Sentiment: Strong Buy
I suppose you meant your response tongue in cheek, :)
Just to be sure, I wouldn't recommend shorting this sector at all. The party is over for shorts.
I know about ESI but that was reported before the open. A short covering I guess. There will be more I suppose.
longceceo, dude, you're preaching to the choir! lol Sooner or later the rest of the market will come to its senses.