RE:high volume question@Cherokee Yes, large seller who wants to cash in.
For example, last week, one of them, tanked for 1 millions shares at .51 (
half million)
This morning, he drops around 36 000 positions at .83 for a short period of 10 minutes. During the same period, others traders succeed to maintain the rise to .84 and reach the peak at .85.
And the best part... That same trader rebuy 65 000 at .80
That being said, IMHO that trader probably believe strongly in FVL. Because he still own 900 000 positions and he almost already reach
1 MILLION with a initial investment of
half million.
IMO this should be an auspicious sign for monday morning hopefully
Have a nice week end
Cherokee wrote: what is the mechanics behind very high volume as we see with FVL today and virtually no change in price? A large seller who wants to cash in ?
Thank you