Update - SFD AIR

SFD had only 1 trade of 300 shares in the pre-market for $29.25, which was higher then all trades from Friday after hours. The stock then opened at 9:30am at $29.00. It then took a quick drop to the low for the day of $28.90 and then went on a run-up to $29.23 just after 10:00am, took a quick breather and hit a high for the day of $29.34. The stock did drift back down throughout the day and closed at $28.98. So in the end, not much damage done with a pretty tight trading range but only a very brief early drop on light volume in the pre-market.


AIR also traded thinly in the pre-market with only 6 trades, opening at $22.90 and the last trade of the pre-market at $22.65, but both well above Friday's after hours price of $22.25. The stock then opened at 9:30am at $22.45. The stock took a quick "Cramer Drop" to a low for the day of $22.01. The stock then rose to a high of $23.19 but closed at $22.68. This sort of price action is what I am afraid of when I see an ANGO no-short situation, but in this case there was the early drop that preceded the big run up.