InvestorsHub Logo
Followers 170
Posts 8965
Boards Moderated 0
Alias Born 01/24/2011

Re: None

Tuesday, 03/06/2012 4:16:23 PM

Tuesday, March 06, 2012 4:16:23 PM

Post# of 56
Interesting positive close on down-market day

DTLK was down most of the day, along with the market, then at about 2:28PM EST, roughly 30K shares traded in a couple of minutes, and the stock began to move up into the close.

IMO, someone completed their acquisition (for short covering or for a new long position,) then moved the stock up for their next sell/short cycle.