GREY:ATBIF - Post by User
Comment by
Capharnaumon Mar 06, 2012 2:10pm
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Post# 19634276
RE: RE: Weird price-action
RE: RE: Weird price-action If I understand correctly what you are saying, you think an institutionnal investor is dumping its shares and drowning the retail volume? That was my thought as well, but I don't have any proof. If that's really the case, then it is a good buying opportunity as when the institutionnal investor is done the share price will move back up.
I guess the big question is how low are they willing to dump their shares... I've bought a bit at $10.50, going to wait for $9.50 before adding.