Amador:

Of course it's covering. I believe the MMs borrowed shares from clients and traded, sharing profits under a verbal understanding or perhaps a letter agreement. With Stipes announcement of finalizing reports, the hazard to remain short markedly increased. And they haven't been able to manage the flow as easily the past few days Notice the block trades that were not recorded through the day (yesterday) but totaled at day end.

There is other activity. Such as longs feeling the true market potential is unfolding and are buyers also.

Eventually one good sequelae will be the abandonment of this board by the paid posters. Another profession (scum?) for $18/hr with lines of post bonuses.