bb, please help me understand something...This is in regards to the unusual trading pattern of WPRO this morning. WPRO goes from Fridays close of .21 to .255 on 300,000 volume, in the first 5 minutes. Then it sat at .255 for about 20 minutes, on another 1 million shares traded. Then all of a sudden with little volume it goes straight up to .44. Why the sudden pressure with little volume at this time? I guess what i'm asking is, How can it stay stagnant with 1 million shares traded?
I had an order in for 20,000 shares, at .26 limit at the open, but got no fill...after watching it stay stagnant, i cancelled the order...tough break
thanks for any response...Brian