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My bet is an institution was actually buying

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southacresdave Member Profile
 
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southacresdave   Friday, 08/23/19 05:41:29 PM
Re: wadirum1 post# 972
Post # of 1152 
My bet is an institution was actually buying today. I could see those that have followed POLA (and may have even sold higher) looking at it again at this price. The risk vs reward has swung nicely.

I say this because I watched the trading closely. Ex. At one time there was 2000 shares on the bid at $3.26. 8000 shares sold there at exactly $3.26. Imo, this is not a computer buying. They usually "step in front" of trades by going say $3.2605. Also, I don't think it was an individual buying as they'd have their full share count sitting there obvious on what they wanted to buy. Imo, it's an institution that had a buy of 2000 shares sitting there with a trigger trade that is if part of the shares are filled it then triggers more buying available at the same price.



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