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Sunday, June 26, 2016 6:45:45 PM
Did shorts make a major move because they saw strong resistance to the down side and potential for some sort of good news? Was this the only point in time for a clean exit for some? The buy to cover makes sense but how do you put in the bid for this many shares early enough to get your after hours order filled without tipping off the rest of the market that this is the plan and cause the price to rise significantly in anticipation or was the order in and this tipped off the shorts? Anyone know how this jockeying during rebalancing typically takes place?
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