I read that article and felt like they were implying bad news ahead
Could be and would match my expectations. But there's probably some good news mixed in, like backlog growth, maybe at least revenue growth or small margin improvement as DMC continues to fall. Could inspire the analysts to iterate their buy ratings - never can tell.
But these blocks were just for trading on the perceived bots fighting each other and believing that when they've bought enough low, they'll then participate in pushing price up a few pennies to scrape some short-term profits.
Computers work dirt-cheap and even a penny on enough volume can make for good returns for their owners.
I've been wrong and right before, so it is somewhat of a short-term gamble.
BTW, a high-volume spike often does indicate the end of a trend, up or down. We've not had that spike, so I don't read and end of trend as the article might suggest. But they use a different metric than that single-day spike I mention.
MHO,
Bill
