interesting action today. i know the day's early, but i was expecting a down -20% or more. this may show that we've hit the bottom. all of the weak hands are out now. because if we're not lower than 1.50 on the back of all of this stuff (FDA letter, SEC / DOJ investigation), that may be rock bottom after all.
to the extent we trend higher in the afternoon and (god forbid) end higher on the day, it's a sign of strength and that we may have finally turned the corner technically. and if i were a short and saw that, i'd be $#%& bricks.