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Re: Jummbo29 post# 6340

Wednesday, 02/10/2010 11:39:23 AM

Wednesday, February 10, 2010 11:39:23 AM

Post# of 15767
Maybe I am looking at this wrong...

I agree it is probably institutional in some aspect. I just can not tell if they are buying or dumping. My initial thought in seeing the large sell orders, sometimes large buy orders, I wonder who or whom all is doing what - getting in or getting out.

I would be surprised to see them getting out, but with talk about the market still in a downward correction, then maybe someone wants to get out and hold cash. So hard to tell.

If they are tiptoeing around and trying to accumulate and not create any notice, then why would I be seeing all of these large orders and the price dropping after the large executions?

Sorry, my realtime has been a long week already for me so I may not be thinking/looking at this properly.

If I remember right, the last two days creaped downward to .29 each day and it looks like we are repeating that again today, and my feeling going into the .28s

I just saw some trades occur for large blocks that went for less than asking price.