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Re: weeblewobble09 post# 35406

Monday, 08/12/2013 9:02:17 PM

Monday, August 12, 2013 9:02:17 PM

Post# of 53779
True, but the person doing the selling wasn't necessarily the person doing the painting (and certainly not for the one 100 share paint at the ask). It could just be someone who saw the selling and decided to "help out" the chart.

I am always suspicious when there is a 20% gap and someone is selling at the bid (and below AON bids in this case). I'm assuming from the chart that that's what happened today. So someone in all probability threw away a few thousand dollars when they could have offered shares in the middle of that giant gap and waited a few hours or days to see if anyone would bite, which in all likelihood would have happened. It has to be either forced liquidation, attempted manipulation, or extreme stupidity or impatience.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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