RE:Who is buying?Most of the shorting was done at these levels and shorting spiked after the buyout rumors, meaning they were doubling down and seen it as a gift because they think the buyout is fabricated. I doubt we see any short covering until the price goes down 30-40%. There is no way these people shorted near all of the available stock there is to borrow to make a 10% return and cover at $30. There is huge conviction and these people know something longs don't know or they are out of their mind. Someones going to lose huge here and its a coin flip whether its longs or shorts.
mooolaaaa wrote: Is someone buying or are the shorts covering?