RE:What's going on?????Volume spiked from a few block purchases yesterday - I don't know if I would say this is bullish yet as it's likely just shorts covering their position and getting out at a nice profit.
CHR has been buying back about 50K shares a day.. shorts were covering most of the second half of March (shorts went down by 653K between March 16th->March 31st) and the stock price went nowhere, despite this buying pressure.
The stock is still quite cheap, but I would probably be cautious if we are finally going to break out based on yesterday's volume.