To defend my statement I meant the gains we saw in
Post# of 11899
To defend my statement I meant the gains we saw in the morning were due to low volume... So I figured it must be shorts backing off or how would small buys bring the price up so high?
I should have checked the short volume though, wow 50% this is ridiculous. You think most of this volume is people just covering shorts simply to create new short positions? Is this even legal? It would be akin to artificial volume.
Either way hey, big volume attracts buyers, higher price shakes weak hands. I'm not sweating.