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Re: FinancialAdvisor post# 12786

Wednesday, 01/31/2007 1:08:08 AM

Wednesday, January 31, 2007 1:08:08 AM

Post# of 42901
I was watching the sales on the way down - most of the sales that droped the price were for 1000-5000 shares. It would cost too much to do that myself even at 7-9 dollars per trade. Who else could afford to do it other than market movers?? There were larger sales along with the small ones, but not that many.
It looked like to me someone was driving down the price and some of the lucky ones were buying at lower prices. The more volume, the faster the share price fell. An extra amount of small orders were processed all the way down.

PS: My oppion only.

Mike

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y