InvestorsHub Logo

Citrati

10/05/15 11:10 PM

#322 RE: someconcerns #321

Here's an idea, though random opinion. The stock was sliding after a little pop due to the R/S. Shareholders were getting panicky after the slide turned into an all out fall. Add in IBB swoon, Hilary and maybe someone that wanted to accumulate picking up shares but selling enough to maintain the fall. Due to the current low float it is much more sensitive to direction. Then the accumulator was satisfied with the buy price started pushing up the price, others not wanting to miss a good deal jumped on (momo traders scalped) and finally the accumulator took enough off the table to reduce his cost basis and the momo traders took their profits and share price dropped. Enough traders worried about missing the good deal bought enough to hold the price around the $4-4.40 area. All this on 158,000 shares. And it all transpired in the first 90 minutes. Who knows what tomorrow will bring...
That's my bed time story. Who knows whether fact or fiction, but it was fun to weave a tale.
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=aphb&x=23&y=3&time=1&startdate=1%2F4%2F1999&enddate=9%2F12%2F2013&freq=9&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=5&maval=3%2C10&uf=16&lf=32&lf2=268435456&lf3=1024&type=4&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
Green Trades to All.
APHB