Spectral Medical Inc T.EDT

Big Jump At Closing

[Geery]

Anybody know why the big jump in price at end of day?

[hmmmmmmmm]

~$25k CA was the total traded on the day. No reason to try and decipher anything from that.  

[hmmmmmmmm]

Ha. the 500 shares at +.08 posted late.. That's a fun way to go into the weekend.

[jdunlop]

hmmmmm, Just pull the cord already, said everyone to the parachutist who wouldn’t stop talking.

[BlueJays9293]

It's just foreshadowing, nothing to see here, so please just move along.

[Spamme54321]

Desperate bagholders try to pump. Lets see what happens next week...

[Spectracles]

Happy to have picked up more at 40 cents.

[mercedesman]

Nice job ! I did the same at .39 and .40  I suspect more chances to be had in the low forties next week but I also agree with the " foreshadowing" comment on the .48 trade  Houses often signal where it's going next with small ( eg 500 share) trades that no retailer in their right mind would execute.  May take us a bit to get there with volume... unless of

[Spamme54321]

This post has been removed in accordance with Community Policy

[BlueJays9293]

Exactly MM, this trade shows just how thin the ask or sell side is.  Limit orders are by default day orders and automatically cancel themselves after the close.  The size of the trade is not the important take away, the fact that there were no other limits orders on the books before you got to .48 is what's most interesting and telling about the depth.  

[Spamme54321]

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[Spamme54321]

500 shares at .48 is less than $250. Logic here - Why would the Houses want to push the price up when they can get much cheapers shares on the next Spectral offering? Just alot of pumping and spinning with the usual shadey actors.