Stuck All of Yesterday at 2.50 on Good Volume - Why?Anyone looking at yesterday's chart can see that starting about 10:30am someone started to feed the @2.50 ask with a steady diet of shares, keeping the price stable for the rest of the day, right up until the bell. And they were shovelling shares at a respectable rate since yesterday's volume was something like 1.4 million shares.
I could speculate why, but that's all I would be doing - speculating.
Does anyone have any explanations that aren't just wild-@ssed guesses?
Any expectations for today?