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Strategies & Market Trends : DAYTRADING Fundamentals

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To: TheStockStalker who wrote (16670)5/28/2003 7:14:12 PM
From: Threei  Read Replies (3) of 18137
 
One really strange play of yesterday and today: DANKY. Spotted it just under 4 and was shocked to see huge bids by GMST chasing it all the way up to 4.82 today. No matter how much was sold to him, he would replenish 99900 bids, eating everything in sight. Long time since I've seen such persistence and such open buying, they usually act more "under-coverly" when want to buy real size. Not sure what's behind this, I doubt that some inexperienced trader got an order to work of such scale. I held last thousand overnight, probably not the best decision... we will see tomorrow. LPS5, any ideas why they acted so boldly?
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