SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : HITSGALORE.COM (HITT)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: lizardK who wrote (5201)3/8/2000 10:24:00 PM
From: Pink Minion  Read Replies (1) of 7056
 
How can 1000000 shares be sold off when the avg daily vol is usually less than 100K?

He probably shorted the shares offshore (Korea?) last May when it hit 20 bucks.

The stock was sold last May when volume was +million a day.

At least that's how they do it in the movies. The recent spike could just be short covering.

JMHO
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext