RE:RE:A little shorting going on ?simc1 wrote:
looks like there might be more shorting this morning as well. who would dump a 300 000 sell order at market price when the momentum was driving this up day after day ...
Funny you say this because I was about to post the same thing. Why someone would dump 300k when the stock was about to break out from the 1.05 level is quite an idiotic trade. I suspect this was the seller who was flashing his sell block in and out of the ask for the past few trading sessions. The stock is already recovering and I expect we will see a meaningful breakout here in the coming days. Cheers