Replies to post #5 on Essendant Inc fka ESND

[linkvest]

Nahhhh.. It already bottomed out at 21.18.... The bounce is working itself back in now...

[Pres46]

I firmly believe what you see is sales being taken in short positions from this AM when trading started. At some point this afternoon the shorts will start to cover and when they start slapping the ask this is going to have a nice EOD. All IMO of course but either way I am not in any hurry.