agree with you there..i think lots of retail bought gap up yesterday too..and now are flipping into acst..as there hope for a bang..think that is wrong move ..would rather fade oppenheimer like i did last time !
Interestingly, though, there was more selling than buying, which implies that shorts were not closing their positions. Why?
What are shorts waiting for? There has to be a reason they are hanging on. You're the guy who intimately understands all of this. Can you explain it a bit?