InvestorsHub Logo
icon url

beamin1

02/21/14 5:45 PM

#6280 RE: rm2014 #6229

Well when you see them like that after being obviously held up by MM's near that trade price for hours, they were either a.short and covering. or b.Filling a very large AON order.

Either way it's a plus for SH's..if it was a cover, then the MM is ready to move up from there, which is what happened after that fill.

If it's a new SH it's good for the same reason, and the obvious, a hand that strong will bring a lot of support with it.

SPLI