GREY:ADAIF - Post by User
Comment by
ACESoveron Nov 03, 2009 3:55pm
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Post# 16449162
RE: someone is really dumping the stock today
RE: someone is really dumping the stock today....Dumping? Let's put things into perspective. With 15 minutes left in the trading day, ADA has traded roughly 400,000 shares and is even on the day, that from a company with 500,000,000 outstanding shares. If ADA had 100,000,000 O/S this would be 80,000 shares "dumping" and I really don't see any concern. My guess is somebody needs some cash to cover another trade, or simply has got impatient.
ACES.