Post by
Wangotango67 on Sep 18, 2015 3:22pm
So, why is there a huge wall ?
Why or what purpose is there to put a huge wall up - so many shares for sale - right before Q3 - which everyone is expecting to be good - so why thr wall -
in trading is this a deterrant - ptting that many on the offer - is it to prevent it from rising or to shake the tree? Or???
If we get a preliminary low down on Q3 and if this wall is still there - then i would say its a purposeful wall... It came out of nowhere.... it has ot have a purpose - I could be wrong - but anyone else have any ideas?????
What is really going on with this stock ?
All i know - is that the other RESENT OFFERING OF SHARES - those shares had a 4 month hold - those shares have not been relesseed into the market yet... for sale -
So whose shares are those ? This is the all time low - No one would sell below their buy in - all because its right before Q3 - right? Logical to think - most people would wait to see the results... So why the wall?
Anyone with years and years of trading want ot tackle this question???
Comment by
Loserboard on Sep 20, 2015 12:33am
Last time I seen a wall like this it was there for a while. Turned out another company wanted to pinpoint a buyout price. They had to stay at a price to pinpoint fare market price of those shares. GLTA