Wotif shares rose more than 11% today after 3.5% of the company was sold in an after-hours block trade. At this stage it is not know who sold or bought. The stock, which has been heavily shorted, is trading at $2.72 at the time of writing after falling to an all-time low of $2.20 on Monday. Meanwhile, CEO Scott Blume has been out and about meeting investors and there is a feeling the stock has been oversold.
WTF Price at posting:
$2.79 Sentiment: Hold Disclosure: Held
