Mr. 1000 share dumper at 15:57pm...just had to unload that 1000 share holding into a 181,000 share bid at 15.5cents!!
my guess it's the same trader or entity with the bid at that price, attempted to draw out sellers to fill their buy order
strange share price activity going on lately, I know DDN doesn't qualify as a shortable stock, being sub $1 in price, and it can't be as simple as everyone robotically "selling on the news" - was the news bad today, it's an operational update, better than no update at all, has everyone forgotten what it was like in the winter/spring with months between news releases?
any other thoughts out there to explain these illogical movements? It's even worse over in UNR - there it seems whenever the stock rises and touches the 8cent mark, out come the dumpers unloading into the 7 and 7.5cent bids - how does that make sence - even if I was a pimple-faced day trader holder with a measly 10,000 share holding, if I see my stock bump up, why whould I immediately rush to dump it below that price?
all I can say is when drill results come out, those shareholders with the cahones to have held on to their shares will be richly rewarded.