I think it's staged volatility designed to create momentum so as to enable traders to pillage and plunder tomorrow via HFT. The machines are at it.
There's no news out, no deadlines of any sort. There's been nothing but positive news from writers on NGL such as we find at HC and we're awaiting deserved upgrades.
There'll probably be a flurry of activity right out of the chute in the morning. Fridays tend to rebalance the week and today's close begs for rebalancing.
Agreed...crazy close... put a bid in at 13.05 a half hour before close..just in case they brought it down at the clothes which seems to be the trend ....it was trading at 13.30 with barley a million shares traded...within the last 10 minutes we fell under $13 with another 2 million shares trading...Seems like all the shares were being traded at the bid