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Wednesday, July 07, 2010 4:25:59 PM
100k worth of buyers... Well that is only if they are
selling all or nothing. What I find curious is we had
absolutely NO sales pressure earlier today, and nothing
but buys going on and the price drops nearly a whole penny
for one frappin sale. Then for no apparent reason we have buys occurring under the ask.
Understand, No one was selling this stock earlier today. However
offers to sell were at .047. So if someone was willing to pay that price per share, they would have had a sale, but low and
behold, we have sales that occur under that price with little to
no sales volume to justify moving it down.
On a day in which you only had 13,500 shares up for sale by private holders, a trade volume of 130,000 and the price finishes down? That is innexcusable! Where did the mistery .045 asks come from? Or the .037 earlier in the day, who owns those shares?
Now, agreed this is not the .6 million shares in volume we saw yesterday. But even with that, even with 6 times the volume we had today, we only went up .004. Why is it we went down .004 today when the volume of shares being bought outnumbered the number of shares being sold by 10 to 1?
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