Just odd the price action before earnings!!!??
posted on
Apr 14, 2008 07:36AM
We get a run up & spike in volume approx 2 weeks before earnings.... then a selloff up until the earnings with a decrease in volume.... The short volume on the stock the highest (since I started watching for the last 1 1/2 years)...... It just smells...... In the past I have bought sold small amounts..(always have had a core holding).... but have not not bought or sold in the last year..(want & have the long term tax benifti if it comes)... But it smells of stock manuipulation & naked short selling... the low volume price diving... now is this the spot where the shorts cover???? This is complete hindsight analysis on my part... but I am thinks we have millions of shares short & the buying & short covering will occur.....SOMTHING IS WRONG...& you wonder why E-TRADE put this on call in orders only???!!!