Since Monday's 10% price hike and Short expected, although minimal 120k add the Short Trade has acted against the norm of adding to the position as prices rise.
Tuesday, generally flat saw 130k come off, so a cover from the previous day you might say.
Wednesday, another 180k came off the Short tally.
Today, yachts are fully fueled with meat eaters taking a well deserved rest with the revenue machine of war big and small continuing to rage... the most immediate will occur mid afternoon Black Friday.
So a note to fresh and water logged Longs the trade and important resistance of $2,75 is here for the next leg up on BlackBerry climb from extinction to profitability, revenue growth tagged with the next Strong Buy recommendation and hoi polloi begin their chatter about BB monopolies, as the march to December / April earnings calls and exciting June profitability announcement.
Personally, I plan to enjoy the crisp tartness of fresh whole berry for drink and plate.
Cheers!