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GreenOwner

02/15/17 2:59 PM

#43319 RE: Spumoni #43290

I think the volume can be explained either by manipulation: Someone wanting to get in with larger volume at cheaper prices.

Or, someone taking some profits from earlier entries at the .05 level.
Notice after the 2 Million share trades, it really did not move much after that.
Another 100K traded after the 2 Million.
That implies someone wanting to either take a position, or get out of a position at a manipulated way.
I like to think that it was accumulation based on known information about an upcoming PR.
We shall see.