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Re: Snowey post# 58693

Thursday, 06/28/2012 9:20:49 PM

Thursday, June 28, 2012 9:20:49 PM

Post# of 160012
Huge trades are Huge selloffs. Just think, if it was a buy and the share price will move up the next day then it would be dumb to sell.

However, if the support is weak you wait until the very last minute in hopes of an increase in share price. Since they knew where the share price is going ( down to sub penny), it only makes sense to sell the shares out at the highest price available.