AI
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| Alias Born | 03/25/2011 |
Tuesday, June 26, 2012 5:34:44 PM
FWIW the trades @43 where buys. Over 1 million about a fifth of the days trades approximately 45k worth. (see pic)
Dumping is when someone unloads at the bid. Even creative dumping is just unloading at the bid well governed. Even very creative expert dumping (risky)i.e. putting up large bid support that mentally drives potential buyers to the ask would have had level 2 signs.
Those signs were not there.
What it looked like was that NITE tried to cap it at 43 and someone keep block tackling him with the 100k trades.
OR it was a pre arranged transfer on the open market (non-t-trade, which would have hid it until AH.)
In any event someone bought a bunch of 43s so IMO that is where today's base is.
There are other reasons, besides a Technical bullish reversal, that Volume suddenly increases. I will not post about that though.
I'm here to ride the wave.
Hopefully surf is UP.
GO EWSI
Dumping is when someone unloads at the bid. Even creative dumping is just unloading at the bid well governed. Even very creative expert dumping (risky)i.e. putting up large bid support that mentally drives potential buyers to the ask would have had level 2 signs.
Those signs were not there.
What it looked like was that NITE tried to cap it at 43 and someone keep block tackling him with the 100k trades.
OR it was a pre arranged transfer on the open market (non-t-trade, which would have hid it until AH.)
In any event someone bought a bunch of 43s so IMO that is where today's base is.
There are other reasons, besides a Technical bullish reversal, that Volume suddenly increases. I will not post about that though.
I'm here to ride the wave.
Hopefully surf is UP.
GO EWSI
These words are mine. They are believed to be true. They have been smithed in the fires of research and hammered on the anvil of facts. IMO you would do well to purchase them. Caveat emptor.
Triple_Crown
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