Post by
discovernothing on Aug 16, 2012 9:56am
Thursday's Dumper
Canaccord is in contention for today's Dumper. On the open over 10,000 shares are traded at $ 1.94. At 9:30:36 (36 seconds later) The Dumper comes in and sells 4300 shares starting at $ 1.88 ( 6 cents less) and ends at $ 1.86. The only reason I can think of for doing this is that a buyout is coming and the Dumper is holding down the price. Anyone have any thoughts?