InvestorsHub Logo
Followers 11
Posts 426
Boards Moderated 0
Alias Born 09/02/2014

Re: None

Monday, 03/28/2016 9:55:30 AM

Monday, March 28, 2016 9:55:30 AM

Post# of 18220
my hunch for Fridays activity was to paint the tape for the end of the month. What's that? Great question I will explain. At the end of the month 4 days before the last day of the month promoters or market manipulators will make a push so the stock price looks better to customer statements. The 4 days represent trade date +3days and settlement as most firms mark the price on your statements on the LAST settlement day of the month. In this case it will show the closing trade of Friday which was I think .155 That's was the bid is away this morning