GREY:ADEXF - Post by User
Post by
behrhunteron May 12, 2011 2:01pm
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Post# 18567329
todays trading
todays trading
It is another intersting trading day for AXI, RP. I noticed a few minutes ago the only bid was for one of those 500 share lots that are becoming the trading pattern. One has to wonder why a person would keep putting in multiple 500 share bids at the same price.. It looks to me like someone, or some people are trying to liquidate a large postion in the .60 range and someone is holding up the price for them with their 500 block bids.
If I am right (and it is a guess), then it is not a good sign. I just dont see these multiple 500 bid lots and trades being normal.
there is still two hours left, so we will see how the end goes. Maybe another quick selloff in the last two minutes.
I dont normally get to serious about all this stuff, but I am stillholding stock here, and this unusual trading is making me very nervous.