Trading action on Friday: Please give thoughts. I'm no pro, but why would #1,050,000 shares show up for sale at 32 cents when the stock was trading at 30?
Then, why would this same #1,050,000 show up for sale at 30 cents, when the shares sank to 27 cents?
Then, once the shares collapsed, the order disappeared for good.
All one order from house 85.
Attempting to shake out stock ? (successfully)
If they truly wanted to sell, they wouldn't try to sell this size this way......manipulation ?
Thoughts ? GLTA.