Re: If you think about it...
in response to
by
posted on
Jun 29, 2011 02:39PM
Hello IB,
That's why I have been posting the trade pace today.
@ 2:30PM NY time the pace is now 33,384 shares/minute, or about a 13+ mln day which is about 4.45% of the outstanding shares.
Not a sign IMO to be that much of a panic.
Early on we were at 50,670 and it slowed as I suspected...good guess...lol.
Unless we get a surge in the last 90 minutes that is, which again I doubt.
We got as low as .0305 and opened at .055, so settling in above .04 is where this looks to be finishing today. It will be interesting to watch this now if buyers step in from here.