Anthony, et.al.: Thanks for the Kaufman information. Soooo, to get to the heart of the matter, here we have all these fabulous comments coming out of various houses, yet WSTL's been acting, here in the weeks before earnings are released, fabulously awful.
The operative comment is.....why? We "retail" types, with nary a seat at the operators table, can only guess and pontificate. We have to let it unfold, operate off our best guesses, and let the cards land where they may. My bet is up from here, and I won't be at all surprised should WSTL ever so gradually experience a momentum shift to the upside from now until the end of July.
But the proof is in the living, so let's see how this one is played out... Indeed, with what I've managed to see so far today I find the action very interesting. The spread between bid/ask has been kept so tight that if it could walk, it'd squeak! And on top of this institutional sized blocks(4K, 5K, 10K, etc.) are almost routine at, or just inside, the ASK. And then there's the occassional below bid 10-20K blocks sniggling through. What does it mean? I leave it to such as Lipoly &/or Rich to give a cogent read. I will say it looks like a whole lot of "rearranging" of pockets is going on.
John~ |
