With a chart like that it may simply be believers averaging down. So, your idea of it being real people instead of a computer program may have some merit. ;)
Btw, chart makes it look like a green end, but, price was actually flat at the end. I guess it's been beat up enough.
In Reply To 'DewDiligence'
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…of all days to end green it does so today. How ironic.
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What does it all mean? My guess: the people who program the high-frequency-trading programs had already decided BAX was “dead money,” and hence the HFT programs weren’t programmed to pay any attention to BAX. As a result, the trading that occurred in BAX yesterday was from “real” investors rather than computer programs.
Got a better explanation? :- )