Friday, November 13, 2015 2:15:37 PM
Right now, ALLM is showing "only" down to .4356 on the day, however it went down to .40 on over 12k shares, and then right back up on 500 shares.
The same pattern can be seen in previous days. A lot of down volume followed by a token buy so the price does not seem disturbed.
As a long, this type of action is concerning. This is very typical of an entity dumping stock through a market-maker, trying to go unnoticed. I have seen this behavior before and it is not healthy action.
With receipt of payment supposedly due by the end of the month, the question is... why would someone be doing such a thing?
Enquiring minds...
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