Post by
hawkowl1 on May 12, 2022 9:58am
Instinet broker dumped at market shortly after open.
Now who does that? After it opened at $3.40.. No logic. One order ..to sell. with a very illiquid security.
Comment by
HermannHaller on May 12, 2022 10:01am
Yeah that was crazy. Looked like a computer-driven trade, but what quant funds would be buying/selling such a small stock?? Unfortunately I couldn't move my fingers fast enough. Bought a bit at $3.15 though. Fantastic quarter, much better than I expected. GLTA
Comment by
Capharnaum on May 12, 2022 10:09am
Crazy considering that results were out of this world good.
Comment by
hawkowl1 on May 12, 2022 10:11am
Yes it was a great quarter . I bought on days first trade. $3.40. Games being played. SXP continues to be seriously undervalued.
Comment by
hawkowl1 on May 12, 2022 10:13am
When they raid the whorehouse they also take the towel boy. It's day's like this,(or the past couple weeks in energy) that bring to mind this old expression that was said to me decades ago buy an old wizened colleague when I was a youngster in the investment business.
Comment by
hawkowl1 on May 12, 2022 10:17am
previous post is from a cut and paste from energy forum on IV