InvestorsHub Logo
Followers 17
Posts 2552
Boards Moderated 0
Alias Born 10/06/2010

Re: Gmoney post# 2393

Wednesday, 09/17/2014 12:33:28 PM

Wednesday, September 17, 2014 12:33:28 PM

Post# of 6457
And now $1.02 on a 400k share spike.

I think the price gets suppressed down until enough volume is available on the ask, then the short sellers cover their shares by buying up all the volume on the ask. Easy way to cover your short without letting the price run up as you buy to cover.

Nothing to do with RSH, good or bad.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.