Post by
sumeroil on Jul 27, 2009 10:12am
buying 100,000+ per day
lately someone has been buying 100,000+ per day and i have observed it several times so far at least.
my observation could be just my imagination, though.
Comment by
Public_Heel on Jul 27, 2009 10:23am
The last six days have averaged 66k shares/day, and that includes a lot of double-counting (AFAIK).Besides, every share being bought by someone is also being sold by someone.
Comment by
sumeroil on Jul 27, 2009 10:46am
thank you for the lesson, so, there was no trading at all because they cancel each other out.
Comment by
Public_Heel on Jul 27, 2009 10:53am
What matters is the price, which fell from 40 to 29 in a month. If you really want to buy more stock, that's a good thing. Otherwise, it's anything but good...