LWN trade log tallies up to about 2:15, when my conection crapped out...
BorB...1,389,700
Split...439,800
AorA...1,298,100
Fairly even, which is where the price was...2 1/4
When I get the rest of the log, it should wind up being pretty biased on the ask, w/roughly 700K still to come in.
Most of what I see is a broad base of buys, w/bigger blocks getting broken up. There are some frightfully big blocks on the bid (2 for about 100K), which got sucked up. The overall push is still up. The Momo template is also undamaged, though the fast oscillators are pegged.
Of note is some of the behavior during the trading. I twice saw sells come in to exactly cover the bid size. Once 10,400, and again later a trade of 6,300. This resulted in an immediate drop of the spread, by 1/16. There is still a manufactured effort to drive the price down. IMO, it won't last.
LWN has run before, only to get spanked back down. I'm not sure if whoever want it held down will be able to do so. The price is marching steadliy upward from the 50DMA, on good volume and there is some fundamental optimism in management's progress, despite all the skeletons and oppresive debt.
Stay in the cart for another go round on Mr. Toad's Wild Ride, tomorrow...:o) |
