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S&P 500
5,949.17
(
-0.60%
)
US TECH 100
20,298.00
(
-0.94%
)
Dow Jones
43,750.86
(
-0.47%
)
Brent Oil
72.21
(
0.48%
)
Bitcoin
87,386.86
(
-3.60%
)
Post# of 50725
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tideradio

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tideradio

Re: biotechzeek post# 25896

Monday, 02/08/2016 1:44:49 PM

Monday, February 08, 2016 1:44:49 PM

Post# of 50725
Could just as easily be amount of shorts covering. There's no significant news to drive the engine.

The stock is highly shorted so any uptick will cause a short burst. It won't be sustained. Once it begins a dip, it will cave down as it always does with huge bursts.
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