Posted On: 07/26/2012 12:28:28 PM
Post# of 716
Surprising to see, in light of the mega news released, the reaction of the PPS. Currently down 16% from yesterday's close, and volume which is not relative to the news announced.
Early trading showed a lot of shares moving into the bid, and then bid support faltering and being abused down to lower 30s.
Not sure what it would take to remedy this situation. I would have expected a test of the 70 high that RENU attained on it's last run. Makes for an interesting and perplexing trading day.
Best of luck all.
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