What's happening with today's highest volume than the last many weeks. Actually it is the highest volume since August 1st.
So, what's going on??? Well the clock is ticking TIC TAC TIC TAC
On September 18th, if there are no objections from FTC, it means the deal is approved and will proceed as expected.
Now, is this a trader trap ? I do not believe so as trading pattern indicates bulls are in full control of this one.
Will be interesting to have a look at tomorrow short interest (i know official reports are on the 1st and the 15th) but there are ways to know on many trading platform the actual short interest if it is growing or if number is getting lower.
My expectation is that shorter's are getting covered at this time as there is no way to believe either RAD or WBA would have entered that deal without checking it first with FTC.
I believe that that deal is signed and delivered.
Lets see what tomorrow brings in but i believe it is now 'enroute' toward 3$ mark before decision is made
So, what's going on??? Well the clock is ticking TIC TAC TIC TAC
On September 18th, if there are no objections from FTC, it means the deal is approved and will proceed as expected.
Now, is this a trader trap ? I do not believe so as trading pattern indicates bulls are in full control of this one.
Will be interesting to have a look at tomorrow short interest (i know official reports are on the 1st and the 15th) but there are ways to know on many trading platform the actual short interest if it is growing or if number is getting lower.
My expectation is that shorter's are getting covered at this time as there is no way to believe either RAD or WBA would have entered that deal without checking it first with FTC.
I believe that that deal is signed and delivered.
Lets see what tomorrow brings in but i believe it is now 'enroute' toward 3$ mark before decision is made
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