RE: Cheesehead stakeoutI think I explained it a couple of posts back.
The price will go up when the sellers lose interest in being willing to accept less $$.
Determining why they might lose interest, and what motivates people to do what they do is a deeper mystery I don't plan to ever figure out.
What I've have observed the last few days is seller(s) simply getting tired of waiting and throwing in the towel; hitting the bid with what ever tonage of shares they had. Emotions got to them. IMO
It's clear SMY will sell readers, the gamble is how many IMO, and it looks to me like the answer could be simply "lots".
eagleman ( could be an interesting day
)