Looking at today’s Lll trading I found that about 42% of the volume was traded between 3:28 and the 4:00 closing. That was 360,000 shares out of a total for the day of 857,000.
The last 32 minutes there were 29 trades with the average trade size of 12,428 shares. This was roughly the time period when the SP gained 2 cents a stuck there.
The cost of all those shares?
Spit, $67,498
It really doesn’t take much to move the SP.
Just think what will happen when we get a whole BUNCH of license sales announcements and 5 or 10 million shares trade in a short period of time.