GREY:ABGPF - Post by User
Comment by
micromanageron Sep 25, 2014 2:12pm
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Post# 22970413
RE:RE:RE:Approx 1.2M Shares Available Under $0.30
RE:RE:RE:Approx 1.2M Shares Available Under $0.30I just got an email that german market makers might be short about 800k shares at avg price of $0.275 so they tend to come in and make big offers to get sells to cover. It could be total bull but a guy who knows his trading said if you take the 2 million shares bought in Germany the last 2 days and follow the Jitney, Pershing, Instinet (may also be used for US trades) and Scotia buys (who supposedly are the mm's they use here) there is a decent gap they will have to fill over the next 3 trading days. Ofcourse in a bad market they are far more likely to succeed to get investors to sell out of nervousness.