RE:RE:pullbackHello Pedro,
We hit 1.97 early afternoon on Thursday last week (March 18). If you add up all the trades between the opening on the 18th through to the close today on the 24th you get the following numbers:
Total shares traded: 857,595
Weighted average share price: $1.825
Number of transactions: 971
Average size of transaction: 883
Average transaction size on the recent run up were 1,500 and higher, so the smaller trades on the way down look to be profit taking traders.
If you focus only on the trading Monday - Wednesday this week you get:
Total shares traded: 269,392
Weighted average share price: $1.74
Number of transactions: 355
Average size of transaction: 758
So I would agree, no large positions being dumped, just smaller traders getting in and out with a nice but limited gain, as is their intention. I would suggest just noise in the data points, and not unexpected.
Cheers,
S