RE: RE: Alpha has high trading on SIO todayAgreed...it almost seems like he is intentionally lowering the SP on purpose. With the bids stacked up, it should have made sense to let the bids come to you, and sell lightly into the rest of the day rally. He killed it with one large block sale.
That is why I set up a quick trade today with a limit order right above the big block @ 1.18 and a stop loss right below. Never thought someone would dump a 100k shares instantly like that on such a thinly traded stock...just plain silly.
I got caught...hate setting stop losses in that scenario, but couldn't monitor closely enough. It should have been a low risk high reward scenario...but once again screwed by anonymous. Win some and lose some.
I don't think the selling is done today.