I think this is very interesting!! The last trade of the day at 3:53 was 20,000s at 19 7/8, which was the ask. Now 20,000s is $400,000. I find it very probable that this is not a small time investor. Now what kind of person, would spend $400,000 on a stock that is almost at its high and has made one hell of a run. It makes you wonder, does this person know something that we don't, or is this person, just trying to make a quik point or two. $400,000 is a lot to spend or take a gamble on $20,000 a point.
This is just my opinon, I just wonder about these types of trade. I worried when I spent $8,000 to buy 500s at 17. Just some food for thought.
Ryan Plovie |
