Friday, July 02, 2010 10:46:54 AM
20100701|KATX|1724805|4064584|O 42% is short and that is a large amount of the trades and the reason you are seeing this .02 move lately. Notice how they knock it down usually before 1 and then it builds back up but not to the days high. They are playing short and cover daily. Could be some of the MM passing it back and forth to get around the 3 day rule. Selling it down you can be assured is deliberate to cover. JMHO
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