Thursday, July 02, 2015 12:09:10 PM
This is small retail buying and scalpers hoping to bottom feed for a quick pop.
Nothing to see here folks. Move along.
All we have here is a day without the debenture selling or as Shearin calls it, "friendlies".
There is no conviction buying of ERBB. I mean 1.3m shares moved in the first 2 hours. If I was convinced of ERBB's upward potential, I'd be buying 5x that myself as I did back in late 2013. At sub .005, we are looking at a whopping $7000 worth of activity this morning. As a great Navy Seal commander once said, BFO!
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