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swannny

07/22/08 10:12 AM

#9505 RE: boutonj68 #9503

no bid support ... we have had some decent buys .. then nothing but weak bid wacks has dropped this .. we have had like 2mil in buys and 650k in sells .. roughly ... and it drops
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J-Rhino

07/22/08 10:16 AM

#9508 RE: boutonj68 #9503

My theory is that a large shareholder, with millions of shares, sells at the bid. Then buys back cheaper, and makes a profit by selling for 20-25% gain later in the day/week.