Pure Bioscience, Inc. (PURE): 219k of it was on the bid and 117k was o...

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SmallCapValueInvestor

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SmallCapValueInvestor

Re: cubsrule1723 post# 551

Friday, 04/12/2013 6:13:35 PM

Friday, April 12, 2013 6:13:35 PM

219k of it was on the bid and 117k was on the ask. You would think with that much on the bid we would go more than 6% down, right? I think it was controlled buying on the bid by MM's. I wasn't around all day to watch, but I do know that MM's sometimes put up large asks to scare traders and investors into selling into their bids then they tap the ask and move up, once it down ticks they put up the large ask again. So possibly MM's loading up is my guess.

All my posts are nothing more than my opinion. Please, do your research of fundamentals, technicals, and due diligence before investing in any stock -especially penny stocks as they are extremely volatile.

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Volume:
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