In the absence of additional deal news Monday morning, do you really think somebody on Kudlow and Kramer can move such a thick stock so much? My poll seems to suggest so. Is it the fact it was up 31 cts after hours?
That stock is gonna get ripped up before open. GL trading it, that specialist is gonna have himself a massacre.
thetraderprofit, i think its best to cover ur short at the open. from the look of it on friday it seems that the specialist/someone bought a whole bunch of shares to go long. either way, i think the opening price will be closer to the low of the day. hey, whats wrong with covering and going long?? anyway, good luck
pre market .... be careful it might be thinly traded and the offers might be way above any legit buyout price so bid as low as you can if you are high bid and hope someone takes you out of some shorts good luck
It's at 8.60 Euros in Frankfurt. That's 10.79. To the person he said he thinks the specialist was getting long, the specialist cannot initiate an uptick by buying up the stock. On the contrary, I think the specialist is short in his trading account. He may be long in his investment account.