RE:RE:something upbearbullpicks wrote: smart money buying up the panicked sellers.
I don't think anything is up, but who knows what goes on behind closed doors. Once again with not a lot of trading volume the pro's are controlling the game. They have all the tools, advanced trading platforms that tells them very quickly where stock is for sale. They set the bait, buy the bigger blocks and let retail think the stock is running, only to see the same pull back pattern as before.
Pretty sure it was Beacon that through out that bid for 20,000 shares at $7.60 with less than 5 minutes left in the trading day. Likely trying to entice the seller, 9,500 shares on the ask at $7.69, these guys are slick. Becareful using the stop loss feature, these pro's love that, move the SP down suck up your shares like a hoover vaccuum and back up she goes.
Barring any news, next catalyst should be Q1 numbers, early February maybe. GLTA.