23.9 Million shares change hands as at 2:27 pm Are all these trades due to short covering ? I believe there are some people buying long (ie not short covering), so what is in the mind of these brave souls ? SU looks so ugly that its stock price keeps on going down after the acquisition announcement, so who will be interested in 0.25 SU share when COS is 9.3 $ and SU is 34.57 $ ? I would say SU is too egocentric thinking so high of it own share when now they saw how their stock plummeted.