GREY:PGDIF - Post by User
Comment by
ekimon Apr 29, 2015 12:40pm
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Post# 23676610
RE:RE:Blocky trades happening
RE:RE:Blocky trades happening
100K+ shares usually is sold into the market and causes the share to decrease a bit...and 100K+ bought in the market causes the shares to increase a bit.
There was't much on the bid or ask when these 100K+ trades came through.
It is like the buyer and seller timed it perfectly to come to market to execute the trade.
Also, because it didn't move the price, it still adds volume to the market and volume with some price movement eventually can be very good for the market (assuming the price movement is up).
And we have that now.
Up to 32 cents and some confirmed volume for the day so far.
Nothing dramatic yet though.
LONG...PGD
EKIM