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Monday, 08/23/2010 7:18:07 PM

Monday, August 23, 2010 7:18:07 PM

Post# of 66869
Stunned!!! I've been trading for quite some time an I have to say, I've never seen a stock rise with absolutely no bid-whacking for most of the trading day. The only transactions were at the ask from the open right through to about 2:15. I guess that was the time someone thought they could sell and buy cheaper.

What to make of it? Looking back two weeks, there was one HUGE purchase (106 mil) at 2 a few days ago and several smaller (but still big) purchases last week on a single day. I'm wondering if the shares have already been locked down? This would be the level to do this at. The more people who are in, the more likelihood you will see profit-taking.

IMO, this is a sweet entry point. Let's hope the volume continues!

GLTA.