There are some traders that are trying this morning to continue trying to panic the market like they did yesterday. Their tactic is to panic the market to buy stock at lower levels.
If you watch as close as I have been, there were 2 lines of 300k offered at 10.5 & !1. Then with one minute before open they offered 600k at 9.9 which they cancelled 30 sec later. They then cancelled their 300k at 10.5 after it traded there. Now they have only one line of 300k on offer at 11 at the back of the line. i am quite confident that they will cancel that line too once the stock starts trading at 11.
I believe that TODAY they will be unable to panic the market. The stock should consolidate today at a higher level 10.5 to 11.5.
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