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Thursday, October 11, 2007 2:55:47 PM
But when it hit the mid-$.40's, buyers backed off and some huge shorting started taking place. My bet is that the MM's were most accomodating. We'll never know, will we?
By the afternoon ... the MM's were fully back in control, and like virtually every possible short squeeze close to getting totally out of control ... "someone's" came to the "rescue" ... and started the reversal back down.
Yesterday had the makings of one fantastic short squeeze PANIC. I would have loved to watch it happen. So would the company, I'm sure.
Such is life in the Shock Market trenches.
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