Re: 365K vol, add 500K to that.../JOE! good news coming? I think
in response to
by
posted on
Sep 12, 2011 12:53PM
The 1,000,000 buy order/Bid did reappear this morning. Though "bottom feeding", IMO it does reflect the fact SOMEBODY has a good deal of confidence ($35,000 worth!) that good things are coming. The only distress lies in the fact that the order is nearly filled (with about 150K to go). But then, look to the overall market - down pretty big again today....
FWIW,
SGE
PS: I was buying this morning as well, but the million share order wasn't mine. I saw the big order and went for it - for me it was an additional "confidence-maker". In the interest of full disclosure....