Monday, March 8, 2010

U.S. Concrete (RMIX) Now Up 17% For the Day

Pretty strange that we are seeing this explosion in the stock and yet only one small bond trade today.

I think that if this surge reflected new information we'd be seeing higher prices or at least higher activity in the bonds.

Now, if the rally was totally meaningless, you would expect it to happen in the context of a day when every heavily shorted junk stock was screaming higher..

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