Post by
Zhantao on Apr 06, 2016 12:02pm
Was it a false alarm?
False alarm maybe? sometimes stocks trade in heavy volumes for no real reason and creates false senses and false hope. I wonder if this was a false alarm? I guess we'll know soon enough
Comment by
m8magic on Apr 06, 2016 12:07pm
Its interesting...the company on fundamentals is worth much more but this volume without the pumping and bashing is also interesting. Certainly a fund is getting out but also huge purchasing is beig generated. I think something is very close on the horizon that is decnt to a good news event.Possibly a good earnings report from oversea;s or news from there..
Comment by
commeilfaut on Apr 06, 2016 12:12pm
we'll have to wait until the closing to see what's up. I'm still holding i take the chance.
Comment by
m8magic on Apr 06, 2016 12:31pm
It sure seems like it ain;t retail buying..??..almost seems like an agreement between houses that the one party wants out and the other party wants in and they have a price they are playing with..Once the seller has meet his goal the buyers may spike it up and or then the news will come to cause retail to start a rally..??..
Comment by
rocman01 on Apr 06, 2016 12:40pm
Most of am volume = crosstrades!
Comment by
m8magic on Apr 06, 2016 12:50pm
i tend to agree...they want the stock into designated hands...friendly hands....
Comment by
m8magic on Apr 06, 2016 12:52pm
Once the stock movement is complete i think we will rip...but until the agenda is finished we are range bound....it could end today or a couple days...who knows..??
Comment by
ericshun on Apr 06, 2016 12:26pm
All this volume for a false alarm? I hope not.. could false alarms trigger buyers?