I think the shorts are watching the 'company trader' to see what his strategy might be. It appeard that it MIGHT BE to just hold 8.10+ until other buyers lift it to another level and then reestablish a new higher floor. At least that would be my strategy. If that goes on the shorts will ten need a conference call to see what they will do and how much loss they are willing to make.
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.