Vericel Corp. (VCEL)

[commoncentsinvestor]

The stock market has been my primary source of income for the last 20 years. My major positions are usually in small caps who I believe have a unique product or service, good management, where the risk/reward ratio strongly favors reward, and there is a real potential for a 3 to 10 times share price increase. I pay little attention to Technical Analysis as I believe these types of stocks are generally driven by news and improvement in fundamentals. I do have a question though for anyone here who is more expert in T.A.

I really don't recall coming across a stock in this category that has performed like what I am seeing in the share price of VCEL. The amount of shares on both the Bid and the Ask are HUGE in relation to the overall volume. The number of shares on the Bid generally is substantially greater than those on the ask. Yet, for the last many days the movement has very rarely been upward and almost always downward.

VCEL is one of the stocks in the new .05 Tick Pilot Program but I don't know if this is a factor in the strange trading.

Would appreciate info from anyone who actually might understand exactly what is going on.

P.S. - this strange trading has no effect upon my very positive sentiment towards huge gains this year in Vericel. Just would like to understand.