RE:RE:Kiena updated resourceThere is a lot of odd trading behavior on WDO. Yesterday, at 3:59.xx, a big block of shares hit sell right at the close, driving the close down 5 cents. This does not happen every day (and I do not often have time to watch), but it does happen often. E.g., it also happened on Thursday or Friday, last week. I have watched it happen perhaps 10 or more times, over the past 6 months.
I am not a conspiracy buff (I think) but it's hard to ignore repeated behavior like this. It's obviously not the action of someone trying to get the best price for their shares.
Don't have to take my word for it. Examine price action, at the close, yesterday, and (working on memory here) either Thursday or Friday last week. Might have happened other days, recently; I don't often have time to watch. Yesterday, a 20k block of bids hit the market, maybe 5 minutes before the close. Those sat there, largely untouched for a while; then were disappeared in a second. (I can't tell if they got filled, or withdrawn, because I do not have a real-time volume indicator.) Then, as I said, right within about 5-10 seconds of the close, the price dropped 5 cents.