InvestorsHub Logo
Followers 220
Posts 4058
Boards Moderated 2
Alias Born 02/05/2010

Re: Millstone post# 643

Wednesday, 02/24/2010 4:56:05 PM

Wednesday, February 24, 2010 4:56:05 PM

Post# of 11685
That makes more sense, i was using half that number of shares at 4 mil and couldnt understand why selling hadnt dried.

If roughtly half of the volume in the last 15 or so sessions has been "THE seller", we should still be about through, we have traded over 15m since the volume spike/ selling started about 15 sessions back.

I think many of us have already taken advantage of these sale prices to the extent possible and/or rational and this has helped the price rebound toward EOD, but last couple days havent seen that rebound so much- everyone out of powder LOL hopefully seller about out of shares too and we can resume movement toward fair market value.

PS, this silly tiny spread IE .375 bid .378 ask tells me we are getting close to sellers bottom sell price