Replies to post #2393 on RS Legacy Corp. (fka RSHCQ)

[ASimEE]

And now $1.02 on a 400k share spike.

I think the price gets suppressed down until enough volume is available on the ask, then the short sellers cover their shares by buying up all the volume on the ask. Easy way to cover your short without letting the price run up as you buy to cover.

Nothing to do with RSH, good or bad.