posted on
Jan 03, 2014 05:17PM

Solid foundations. New horizons.

Message: volume
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Bushmills,
Just some observation, as a non-tech analyst, for today's activities.
- Yes, volume increase is significant compared to the week average (10x increase)
- The major trades were at around 1:30pm. Three trades in a short period account for 43% of the day total volume, at price over $2.30/s.
- One single trade was approx 100k shares (almost 30% of the total). So somebody was willing to throw on the table almost $1/4 M. Must be a brave sould and confident enough to risk this kind of money. BTW, there is another chunk, 80k shares @ about the same price (~$2.30). So, ~$2.30 seems to have some firm support. The 80k and the 100k share trades might belong to a single individual?
Over to others for more detailed insight, e.g. any idea who was spending $1/4 M in one pop?
Let's see what will unfold Monday.
goldhunter
3 Recommendations
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