Top 10 vol trades...
9:38:04 Sell 10,000 @18 1/4 9:46:17 Sell 10,000 @18 7/16 10:38:08 Sell 7,500 @17 1/2 10:55:06 Sell 10,000 @17 1/2 12:34:37 Sell 25,000 @18 1:10:21 Sell 6,000 @18 3/16 2:27:00 Sell 7,200 @18 3/8 3:00:44 Sell 10,000 @18 1/2 3:04:31 Sell 25,000 @18 5/8 3:32:46 Sell 9,600 @19
Total=120,300 increased by 19%
To me, it looks like the larger players are getting out and all the smaller traders are buying in on panic. I've seens this many times before. The MMs run the stock up, buying up all the large trades, breaking them up and selling it all to the small buyers. The MMs know that when they run this stock back down the panic buying will turn into panic selling. All those shares bought at 19 1/4 will be selling at 14 1/2 in a week or two. |