|
|
Post by trenddiver on Dec 17, 2015 15:23:04 GMT -5
I dont know but it feels different. Its seems like the tax loss selling pressure is over and the hedge fund shorts are covering to take some profits. How else are the hedge fund managers going to get their bonuses?
Trend
|
|
|
|
Post by stevil on Dec 17, 2015 15:36:56 GMT -5
I dont know but it feels different. Its seems like the tax loss selling pressure is over and the hedge fund shorts are covering to take some profits. How else are the hedge fund managers going to get their bonuses? Trend Volume is too low for it to be anything definitive. Probably just accumulation at this price with no driving force downward. I'd love to say correlation equals causation with Shkreli arrested, but the shorts have been covering for a while according to those who have been monitoring. Let's hope we found our bottom as there hasn't been downward pressure this week. |
|
|
|
Post by doublebogey on Dec 17, 2015 16:37:29 GMT -5
the improvement in weekly prescriptions will initiate the first wave of covering but not until around 1st quarter 2016. once the total weekly Rx will reach 1,000 plus it'll start to get attention. the shorts are manipulating the price data to show the stock price as consistently dropping but they're at a point not much shares to short.
|
|
