InvestorsHub Logo
Followers 29
Posts 959
Boards Moderated 0
Alias Born 02/20/2013

Re: InDepthAnalysis post# 56498

Monday, 03/25/2013 6:30:14 PM

Monday, March 25, 2013 6:30:14 PM

Post# of 158400

In the case of BMSN, I believe the market makers are trying to mislead novice investors in two things. First, they are hiding volume, likely selling volume. A 80 million share red day looks better than a 100 million share red day. Secondly, they posted the delayed transaction as a buy at the end of the day, making people believe that a "whale" loaded up, when it in fact, didn't.



First, thanks for educating people here on why these "after hours" trades show up and how they work.

However, I think I disagree with your take on the motive behind it. Those 15 million shares traded make up ~1/8th of today's volume. And if you don't count the ~56 million panic sell-off shares in the last two hours, then they are ~1/4 of the total volume up until then. Further those 15 million averaged at 0.0066, which is above the open price. If any of that 15 million included a portion of the sell-off, then the rest of the trades must've been well above the open price. So to me, if these trades were being withheld on purpose, it seems like it'd be to hide upward buying pressure.

Just my take on it...

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.