Sirona pricing and market activity signalsHigher on Monday based on the close. Sorry Annon the flood gates will gobble up any shares you are willing to dispose of at these prices.
I see the Annon sells into weak bids as a phsycological process. If there are only 25000 shares bid over a two cent range Annon sells to quiet the number of buys hitting the ask. For those who bought on a market limit order because it seemed as thought momentum was picking up and then watched the price move quickly lower by annon on a market order ALL future buyers are phycologically affected to hold off on selecting at the market purchases because the thought is "price may come lower". You will notice time delays for purchases after an at the market sell that takes the price down below previous momentum highs. Left alone any market with continuous at the market purchases giving the price upward momentum would quickly get out of control if there weren't any market sells.
Although frustrating the job Annon is doing is providing liquidity to those who wish to get in at this level. If Annon didnt sell the 300000 shares today the price would likely be approaching $.30 now.
Have a great weekend and buy yourself something nice to go with the smile you will have on your face when this eventually pays off !!!!!