ST Traders have taken all their positions since some time off OBJ.
Several specs who had phenomenal runs lately have cooled this afternoon remarkably away from their intradays highs, see ADO and PEN.
OBJ was not effected and dodged the trend in closing at the same price moving up from earlier lows while market shortend on spec stocks.
There is just really no trader exposure in OBJ left which is interesting to see when one remembers that shareprice was driven almost entirely by short term traders in the past.
OBJ is moving onto new territory, it is to me now simply a waiting game to receive the news which support what changing trading patterns suggest.
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