Some of the shorts are covering. Saw numerous 10k bids today, from CDEL, NITE, and others. I noticed on several occasions that when no one would drop down to meet their bid, they would suddenly jump their offer up and get at least 4k or more. Here's today's 1-minute chart (NOTE: if you read this Thursday, it will be a chart of Thursday, not today-Weds.)

Also there were a number of trades in excess of 10k shares. This is very, very different from the usual pattern.

http://bigcharts.marketwatch.com/advchart/fra...p;state=11