Re: Nasty Ask - Good Bid-Arthurk
in response to
by
posted on
Aug 20, 2008 04:00PM
(Edit this message through the "fast facts" section)
when the 117000 shares popped up it did cause me some concern however there was a purchase of 1000 shares after and they did not come from Mr 117000 so he was not interested in selling in small blocks. Some buyers pecked away and at the end of trading there was 91500 shares left in the block. The 117000 shares could have been placed in response to and as a method to stop the 500 share purchases to push the price back up after a low bid has gone thru. And a fairly effective one at that. This has been going on throughout the trading sessions for the last few weeks not just at the end. What will be interesting thur or fri because he did lose 26500 shares is if 88 attemps to buy. For the last few trading days 88 has been mostly a seller.
realtime