re: my cross trades 2c worthIt depends on who is initiating the trade, if it is on a down tick or uptick & if it is a sell position.
1. If the seller is a hedge fund who is closing out a short position because they feel the bottom is in & the risk/reward for any further gains is not favourable. That is a positive.
2. If the seller is long, is dissatisfied with mgmt's handling of this situation, feels that the stock is dead money for awhile because of recent events....& doesn't want money tide up when there is better opportunities elsewhere. That is a negative.
3. If the seller is selling for tax reasons or family commitments etc.. That is neutral.
carlos