why the stock took a bit of a dropSnakedancer,
When I first looked at my stockwatch screen this morning and saw that some "bozo" at DS had put up over 50,000 shares on the offer, I knew that we were gonna have a drop.
I am thinking that this is probably some novice trader trading out of their Action Direct account who doesn't understand that you shouldn't put up huge offers all at once when there isn't enough liquidity to support it. This particular individual would have served this stock better if they could have put 5 blocks of 10,000 shares at different prices.
Not saying that this was the only reason, but when investors see somebody trying to unload large quantities of stock all at once, it makes them timid.
However, it was only one day. Let's see what happens tomorrow.