My guess Dee, is that a lot of people got on board before the AMEX listing hoping to cash in quick, but when that didn't pan out and things started getting a little ugly today, they started bailing quickly. That's just my guess. I haven't had a chance to look at the trade data from today or the shorts. Could also be the QE2 scare combined with bad econ data. This is apt to be a roller-coaster of a couple of week across the market I think, not just w/ QRM. Find something to keep yourself busy and try not to watch the market.
Anybody have any idea what's going on with ALKEF? They seem to be wearing a bullet-proof vest. the whole sector is tanking and ALKEF just keeps inching higher. I wondered if there might be some take-over whispers out there somewhere.
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