Monday, April 20, 2015 2:15:05 PM
-Last week there was certainly some buy side pressure from somewhere for some reason! For the conspiracy theorists among you, here is a thought!
-Volume was maybe 1 to 1.5 million shares a day (about ten times the aver. daily volume) but only about 1% of total outstanding shares. So smart money could have moved the price for a very small amount of money.
- correct me if I'm wrong but you could have gotten 100,000 shares recently for about $14,500 to 19,000. and even if smart money started at a higher price. that kind of buying pressure could raise the price to levels like those last week1
-The price today is sliding under some selling pressure ($.235 the last time I looked). So whether the money is smart of dumb, there are some profit takers today.
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