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Re: Tradetalker post# 3822

Saturday, 06/29/2019 9:54:16 AM

Saturday, June 29, 2019 9:54:16 AM

Post# of 4237
Thanks, I'm always learning....

I'd never come across a closing imbalance before, I didn't even know volume hit up around 2.8 million....last I checked it was something like 690K, which I noted was a bit above average but not a lot.

I found this info on imbalances on investopedia:

https://www.investopedia.com/terms/o/order-imbalance.asp

And here's a snippet that might apply:

"As each trading day draws to a close, order imbalances can arise as investors race to lock in shares near the closing price. This can especially come into play if the stock price is seen at a discount on that particular trading day".

I've heard of MOC orders, short for Market on Close. Honestly I don't know where this 1.75 million fits in? Was it sellers or buyers?

Given Vuzix's incredibly weak cash position as evidenced by their last quarterly filing showing just $10 million (close to that) remaining as of March 31st....if there is going to be manipulation pushing the PPS around I expect it to be to the upside.

Perhaps this 1.75 million has something to do with Vuzix still being on the SHO list for delivery failures?


If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.

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