Thursday, November 14, 2013 3:40:22 PM
That move is obviously thanks to the news last few days, UPS, today the Insider buy and CNBC fast money interview. That is what is needed, ** but for a a few weeks, I say that, mostly due to the historically high short position on the stock vs the float. If we want the shorts to cover and the puts to sell and calls to start then NEWs must continue for a few weeks; unlesssssss there is some huge news which trumps, like a buy out or something, (which there is not currently)
Surely better than a stick in the eye, but it needs continual NEWS follow up for the SP to climb and the shorts to cover.
BOL jmho
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