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Thursday, March 27, 2014 9:17:54 PM
It was hard to follow even though I was watching because it was dramatic with huge volume and it looks like Ihub doesn't recognize volume over 2 bill so the counters froze after that point.
Snapshot of the day:
1. moves up to 4s/5s, aggressive buying of 5s.
2. Heavy dumping of 4s in chunks of 9 mill and 25 mill (strong signs of company/insider dilution) until 3s/4s back.
3. Heavy buying of 4s with small activity of 3s. Moves back to 4s/5s
4. Dumpage of 4s, back to 3s/4s. Slow buying of 4s but more added to ask as they are bought (probably a combination of retail being scared off and dilution)
Infuriating because a few times it could have broken out, it was heavily suppressed and pushed right back down again.
That is EXACTLY what I saw during todays trading! Well written and a good eye!
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