TRID and Others

TRID did well on a bad market day. And at high volumes. That's a sign of short squeezing, imho. Which means TRID should move higher Tuesday as well.

ATW moved strong today. As did NOV. IMA also up sharply.

MVL is up huge afterhours - up 5%, but that's a bogus 300 shares. Someone is trying to make something happen, not sure what.

What is interesting about all of this - all of these stocks traded on low volume except TRID, which traded again on above average volume. Another 600K shares traded in afterhours, almost all at 5.25. I don't mean that this implies a lower price than close - it's likely a large order that was deliberately closed in after hours. That makes 5.5M shares Friday and 4.7M shares Monday - some 10.2M shares total traded in 2 days on a company where
* barely 2.6M shares trade daily
* total outstanding shares are 60M

That's 17% of all shares trading in 2 days. To put that into context, GOOG traded 30M shares in the last 2 days - the most it's ever traded. That was only 10% of outstanding shares and 14% of float.