Dundee short covering ?
I have speculated for a while that Dundee has an agressive client ( probably hedge fund ) shorting Prometic. I have asked Prometic to look into whether perhaps the short sales arent being properly disclosed. Either way, today is the first meaningful block buying we've seen out of Dundee since the infamous David Martin report on 1402. This could signal a near term bottom and perhaps even a significant bounce. I wouldnt be surprised at all to see a David Martin update that is considerably more positive than previous.