Humbly report, Kim, been there done that, kicked myself in the rear end afterwards, just like that particular seller!
The Friday afternoon rally was indeed very interesting:
quote.yahoo.com
Now, why would someone/s go on a shopping spree (three large block MVIS buys) just before the weekend? On the Yahoo! MVIS thread bluesuedeshoeguy speculates that it could have been "a lot of traders who don't want to be out over the weekend." Well, I've never heard of traders wanting to be in just about anything over the weekend, so I don't think that's it, but what do I know.
It was the last trading day of the month, so one wild guess of mine would be that an organization wanted to have MVIS on its books before the next month begins. Another wild guess would be that some news may come out and the shopper/s wanted to be in before it's made public. And my last guess is that it means absolutely nothing, just some buyer/s, period.
In any case, a great weekend to all, and may next week bring more smiles to Microvison longs!
Cheers,
Svejk proofsheet.com |