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Friday, December 19, 2008 6:46:29 PM
What was with the last minute of trading today? I know there are some bearish signs in the hourly chart but... .70 to .60 in under a minute? And .60 to .64 in the next 3 seconds, then it's 4:00. All the trading at .60 today happened in 3 seconds! And only 1,000 shares brought it up from .60 to .64. The next trade was for 13,521,343 shares at 0.64 .
Heck of a move on 18.5M shares in the last 2 minutes. And not just a big jump, they made a lot of trades at every penny on the way down
And then wow, after hours at 16:58... SIX trades of 2,824,600 and one at 2,824,564... total of 19,772,164 shares, all at .641. The T&SQ makes it look like buys.
Today's volume was 37M shares.
10-day average volume is 11M shares.
If you're not living on the edge, your taking up too much space.
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