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So there is a fairly significant bounce back starting at ~12:40. My best guess would be profit taking from shorters? I wonder if there would be any way to know
by swalsh 10y ago
So there is a fairly significant bounce back starting at ~12:40. My best guess would be profit taking from shorters? I wonder if there would be any way to know who shorted this, it seems like the perfect type of thing for some inside trading in DC to take place.
- Blackthorn 10y agoShort interest on CXW was only 8.8%. Probably just digesting the news, realizing this was panic selling and states still held the vast, vast majority of private prisons.