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siriusadult

05/12/07 12:24 AM

#5797 RE: pie007 #5796

WEll yes there IS something new,,,,it took all day to get the volume to 856.8k....then VOILA'..in ONE trade, after hours, someone coughed up more than half of the who days' total...

To me that is significant...first of all, the blocks that went thru earlier today, were for lower purchase prices...and most were split up..like 10000 shares here....12500 shares there, 15000 shares way over there...all at the same clock time minus a nanosecond or so,,,which is how we can tell it's a block usually, picking up shares from various sellers, or the other way around, where sellers have several different buyers to buy parts of the block they wish to sell.

The vary last trade of the day, 458,500...at the price that the stock closed at 2.30...was done in ONE block, and totaled OVER 1 million bucks and it was after hours, under the radar--- it was not just part of a block that went thru at one time..it was the WHOLE big block that went thru,at one time...meaning........

Who do yu think bought those shares? A single investor? A fund? What? Or was it someone selling those shares? to a hedge fund or broker house? The chart only tells us it whether it was an up, down, or equal to the going pps...HOPEFULLY it was a buyer..but whose shares did they buy?? in such a large block?

I ran out of posts, hahahaha...blabbing too much today, or I would have responded earlier...now it is back to Charlie Rose. :-D