Re: Private Placements Expiring Soon? + Huge Sell Imbalance Today
in response to
by
posted on
May 16, 2011 05:47PM
Level II market depth gives buy volume and sell volume. It's been way out of whack since the bad press. It's made me cautious and I haven't bought back shares that hit my stop last week. I'll see how it trades tomorrow and hopefully be able to pick up in the mid 1.30s.
As George mentioned it's unusual to see such a large imbalance. The other way around would be great:). I don't know exactly what it means other than it's ominous?
Thanks