Trading and the Weekly closing priceThe closing price for the week is very important and the pro traders like to try and get the price set for the day and the week in the last minutes of Friday.
Trading is all about crowd psychology so its interesting to watch the last trades and also to see which trading houses are involved. Sometimes they are listed as anonymous but for those with lots of money or a brokerage firm that pays for the data you can find out the monthly anonymous trading reports and then you will know who is really trading.
I used to get the stockwatch subscription that showed Trade Summaries of the day or longer periods and track who is buying or selling over a period of time.
I used to have access to the bi-weekly short reports as well. This is very important info but i dont want to pay for it right now. If someone has access to this data it would be appreciated if they could give us an update on the short report when it is available.
I hope that the company once in a while will learn something about the market from traders and use information to their advantage. Once in a while when the shorters are not expecting a news release it catches them off-guard and they have to buy higher priced stock,. These people dont lose very often so its nice to see them get burned once in a while.
The other thing that i am happy about is that in the previous financings there were no warrants issued so we dont have that problem of unlimited stock coming out at certain prices ruining the trading of the stock. Traders would argue this but for the regular joe investor it gives us a much better chance of seeing a profit without the big traders screwing everything up for us.