Post by
DRRabbit on Mar 13, 2012 12:29pm
Lots of action today
Lots of volume today........what's the occasion? or reason? Anybody?
Comment by
texasrangersfan on Mar 13, 2012 1:38pm
Some party or parties are certainly motivated to sell and their timing sure seems odd given the recent update. Forty-one cent trade as the low today so far. The sellers don't appear to be done either as I see 50k on the ask at 50 cents and another 156k being offered at 60 cents as of the timing of this post.
Comment by
smartermoney1 on Mar 13, 2012 1:43pm
Anybody care to speculate why this stock has gone from $1.30 or so to .50? Ouch! This really hurts. SM
Comment by
DRRabbit on Mar 13, 2012 3:32pm
Totally guessing.....person with lots of shares at low price got tired of waiting; wanted to buy something else. So; if this was me selling that would be an indication that the stock is ready to sky rocket in a few days/weeks - isn't that the way it usually works :)
Comment by
smartermoney1 on Mar 13, 2012 5:03pm
Hope you are right Dr. and you very well might be with the relatively low volume that has caused the drop. Thanks for the reply. SM