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Post# of 4974123
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H2NRG

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H2NRG

Re: fdatrader post# 60794

Sunday, 06/06/2004 10:59:37 PM

Sunday, June 06, 2004 10:59:37 PM

Post# of 4974123
I have been watching PCCL's trades...
over the past couple of trading days and have seen what appear to be mostly trades at ask (some trades at bid, but high ratio of ask or close thereabouts to at bid or thereabouts), then come the low volume (typically 5000 share) trades, and the ask drops. Then they open the bid/ask spread and a long silent pause. Another few buys at ask come in, and they drop the ask and bid again. They might let the ask/bid go up for a little bit, but then walk it down again. Lots of this BS--trying to shake shares? Or is this just the law of supply and demand at work? LOL



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