Wednesday, May 30, 2012 10:35:56 AM
Bid was at 44 for quite a while for 50,000 shares
Next bid at that time was at 40 for a few million shares.
Sequence that followed:
50,000 bid wack at 44, dropped the bid to 40
9 minutes later, 20k bid wack at 40.
You honestly think that was a long?
Someone knew bid wacking at 44k would drop the weak bid and then another short protector, 9 minutes later but it a 20k bid wack at 40 to create that " 15% daily loss"
after that, shares of like 20-50k shares like 4 or 5 times bid wack at 40.
I respect your opinion but I do disagree
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