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Alias Born | 04/10/2004 |
Tuesday, September 28, 2004 8:23:46 PM
dick,
in looking on wallstreetcity.com, they show this:
bid/ask size - 3,617,200/5000
this would indicate a HUGE imbalance in orders. however, i'm puzzled by this afternoons' reaction. 21m some shares traded today, versus average 3m some daily recently. i see the news release showing @ 2:40 p.m, and high price around that time was .019 then pulled back to close at .015. last 10 trades of the day from 15:56 on were all at .015, the last 6 showing "at ask".
baffles my mind how mm's could hold this down in the last hr of trading, with what you would think was demand on the buy side of upwards of 18m some shares in the last hr. at any rate i can't wait til tomorrow!
jim
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