still over 1.5m shares short for the week. reckon shorts have at least 350,000 - 400,000 to buy today.....selling looks to have stopped. Average in now at 9.25...be suprised if I dont get asolid return on capital here.
This is short covering Friday remember.
Reckon there is a very good trade in the stock today...ill sell in the match today. Sellers cant have their own way all day. Breaks 9.20 and it will likely retrace to the open price.
I believe insitutions could top up this afternoon here and that may cause the short covering rally that is long over due. I like stocks in Strong uptrends to bounce...off short covering and new buying.
watch for real strength come back into it...Breaks 9.30 and it will roar.
