Post by
Kings_kid on Feb 27, 2012 3:21pm
big Volume
So I have been in meetings all day and just checked the market for the first time. What happend that we are just shy of a million shares traded?
Comment by
bigops on Feb 27, 2012 3:50pm
someone put up a 1m share order at 2...was hit quickly for about 600k shares then another 200k shares showed up to sell -- great to see some buying happening (not much in terms of $s...but good to get liquidity). It is great to get new investors in this (this does not look/smell/seem like a computer -- this seems like a real order to me) and allow weaker hands an opportunity to get out.
Comment by
Kings_kid on Feb 27, 2012 4:00pm
I agree bigops, I see this as hugely positive for the price movement of FUT. There were quite a few week hand in that were selling chunks of there .02 shares off as bid came in. I'm thinking this has sorted most of them out. This way when we do get news those .02 shares are already gone! I agree that this was not the work of computers!