I don't see this happening, the activity here tells me different. This could be a last stitch attempt.
AH closed higher than the market closed. Then they come out this AM on no volume and push it into the mid 7's likely on a stop loss takeout. It's all games...
Time always tells the tale but in my opinion this one has been way too obvious given the need to cover massive short positions. If you look at the net short:long trading report it tells you shorts have been working hard to cover en mass.
You sound even more frustrated than me. I doubt we go as low as you suggest. Lower quite possibly, apparently it was supposed to happen yesterday but a couple of factors stopped that from occurring so yes, today may be tough. However, after initially thinking the buyout rumours were crap, the trading seems to suggest otherwise. We shall see. Good luck and be patient.
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