GREY:WFEMF - Post by User
Comment by
GaiusGermanicuson Jan 26, 2015 12:10pm
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Post# 23363647
RE:Friday News
RE:Friday News160k+ shares traded in the morning hours, price up between 33.33%-50% from Fridays close . . . I'd say people noticed.
I got a short fill of 5k on 15k making 725k buying the WFEMF queue, that's it so far, though they were on two orders . . . paid the ask to fill to that amount and have the bid with the rest of it, with another order to follow if I get an execution. The commission inflates my average, but not by a great deal, and I like it when someone drops a market sell order on me. I got some of my best lots that way.
If the volume continues, which is doubtful since it consisted of every order entered since Friday, then daily volume will eventually average out into something reasonable. Of course increased penetration of the news story won't hurt as many haven't had a chance to read it yet, as sparesely as its been published compared to news of the Greek rejection of austerity and the potential resulting Eurozone crisis.
Germany is NOT going to want to continue to pay for the Greek Government buying votes from the people with Euro's.