RE:Short attack? ($31.19 low)hedge funds pushing the share price down so their short position would show paper gains at month end. This happned so many times in the past 2 years but they ended up needing to cover their shorts at a loss.
They will get burned really badly when Q4 results come out. Dividends will be declared and that will add more onto their borrowing cost.
Davids7 wrote:
Wow. Volatile week for this stock...with a couple of frustrating lows. I'm a noob a trading, so I'm wondering; Short attack? Profit taking? Industry/sector influence? Coronavirus? Anybody have any insight? Thanks.