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Posts | 216 |
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Alias Born | 02/28/2010 |
Wednesday, June 02, 2010 6:30:34 PM
The volume of trading for the past month has been pretty low. Market has been really choppy. Guys who bot cheap could be taking some off the table. Guys who bot recently expecting a run could be cutting losses. It's all just noise in my opinion. You guys just don't get it. ARCA for example is an ECN. They don't carry an inventory of stock to trade, they just facilitate orders to get the best price for the customer. So they aren't naked shorting or manipulating the stock. Miller Tabak represents institutional and high net worth clients. They probably have someone who's doubled his money and is now selling. Automated Trading Desk (AUTO) is essentially what their name says, automated trading for clients. They use fancy computer systems to help clients make trades and get the best prices. Again, like ARCA, these guys don't hold securities so they're not manipulating the stock to accumulate shares. Today I glanced at Level 2 for a moment and saw NITE on the ask. Guess what, that was probably a retail investor like all of us who's freaking out about the price and decided to sell.
The selling really doesn't matter. Like I said, the volume has been low. We know Tronox is worth a good deal more than the stock's trading for right now. The next scheduled court date is June 24, the POR is expected before July 12. Patience. Buy more perhaps.
Recent TROX News
- Tronox Announces Second Significant Renewable Energy Project in South Africa • PR Newswire (US) • 06/06/2024 11:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/09/2024 09:21:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/09/2024 09:19:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/09/2024 09:18:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/09/2024 09:17:26 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/09/2024 09:16:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/09/2024 09:14:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:00:21 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 09:00:34 PM
- Tronox Announces Appointment of Lucrèce Foufopoulos-De Ridder to its Board of Directors • PR Newswire (US) • 05/08/2024 08:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/07/2024 09:00:23 PM
- Tronox Declares Second Quarter 2024 Dividend • PR Newswire (US) • 05/07/2024 08:30:00 PM
- Tronox Reports First Quarter 2024 Financial Results • PR Newswire (US) • 05/01/2024 08:15:00 PM
- Tronox Releases Selected Preliminary First Quarter 2024 Financial Results • PR Newswire (US) • 04/22/2024 11:30:00 AM
- Tronox Announces Dates for First Quarter 2024 Earnings Release & Webcast Conference Call • PR Newswire (US) • 04/04/2024 08:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 09:37:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 09:36:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 09:35:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 09:34:41 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 09:32:34 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/06/2024 10:07:44 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/06/2024 10:07:44 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/06/2024 10:07:44 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/06/2024 10:07:44 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/06/2024 10:07:44 PM
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