Post by
Soundstogoodto1 on Oct 22, 2020 3:38pm
I am new to this so I may be asking a foolish question.
I am in HPQ for the long run. With this news, wouldn't shorters be looking to cover their positions? I.E. rushing to buy up shares before the price gets too high? I would have thought the share price would have taken a bigger jump. Is it because their was no dollar value attached to the announcement?
Comment by
itwillbeoknowok on Oct 22, 2020 3:50pm
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Comment by
yf4l8888 on Oct 22, 2020 3:52pm
im sure there are smarter people on this board who can elaborate further. but yes and no. Im sure some are trying to cover but other strategies (like you maybe see on a level 2) are the walls being built to dissaude accumulation and give the 'perception' there is no movement