InvestorsHub Logo
Followers 3
Posts 471
Boards Moderated 0
Alias Born 01/27/2016

Re: waterfrozen post# 5816

Wednesday, 03/22/2017 9:43:02 AM

Wednesday, March 22, 2017 9:43:02 AM

Post# of 12822
Some very good early morning thoughts and I agree your point regarding PLM/Glencore collusion in manipulation. I do not think that is what is happening. With regard to shorts selling down and then buying back, I would need more data. If you look at the recent months, there is very little pps variation over the trading day and it would be instructive to know the buy/sell ratio. Maybe jrsh can help there. My thought, and looking at the weekly trading volume, is that there must be a large number of shares which have been 'dumped' for whatever reason. The manner of the dumping has probably been by a single broker - it is just too calculated to be random - and designed in such a way as to maximize whatever the incentive was for his/her clients to sell. At some stage, the selling will stop. Then we will better see how the stock realistically performs.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent PLM News