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Thursday, May 27, 2010 2:14:54 PM
I am not sure I have seen this type of volume trading in a day before.
According to this site, The Sell volume (selling at Bid price) is much higher than the Buy volume (buying at Asking price).
Buy volume: 152,641
Sell volume: 464,889
Unk volume: 166,107 - this is because the trade price was somewhere in between bid and ask usually.
Seems hardly anyone wants to sell at these low prices, and I guess some will if they feel worried, which allow some other people/MMs out there to be able to buy up some cheap shares.
Most of the MMs have set their Asking price higher than what is being traded now.
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