Can anyone explain how 7.3 million shares were traded today? I understand, to a certain extent, how shorting and day trading can inflate the numbers, but I don't understand this level of liquidity for a stock with a float of c. 13 million shares. It stands to reason that someone, somewhere, has to be buying and selling for a loss very short term, perhaps even intra-day, and that this is happening repeatedly. For crying out loud we've trade something to the tune of 19 million shares in the last 3 trading days.
And unless I'm missing something, the shorts aren't just going naked, their streaking the quad with their asses on fire.
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