RE:Holy moly...Pete1986 wrote: whats going on here?
One thing that's going on the last few days is large individual sell orders of over 40,000 to 80,000 shares at $5.09 to $5.15. Sometimes they sit there attracting other sell orders at the same price, sometimes they disappear fairly quickly - maybe even before the open. The price rarely if ever hits that level since anyone seeing the large sell order would assume that they can buy for less.
Is this a large holder making an inept attempt to liqidate? Or a large holder trying to hold the price down while they add to their holdings with more cheap shares?