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Message: For example :Today's trade in Kimber

For example :Today's trade in Kimber

posted on Jun 02, 2009 08:12AM

Between 10:30 and 11:30..... roughly 28K of the 30 K shares traded at above yesterday's close. Then the market ran out of buyers.

Two market order sells were made, each of 100 shares and the price went from 0.69 to 0.66 and then to 0.65 a penny less than the open.

The fact that the market ran out of buyers is not manipulation; it's just pathetic.

But that as soon as that condition existed, two 100 share sell orders were placed to return the price to less than the open seems odd to me. I just finished describing this situation a few minutes ago. It may be legit, but I find it odd.

P.

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