Thanks.
On Quote.com, you can actually track minute by minute trades, the size of each, if it's bid/ask, etc. and I noticed that someone got pinged after hours as a 1,000 share trade went off at 4:20pm at $5 5/16 (ouch). Glad to see it was only a 1000 share trade, probably indicates that someone had another limit order set there and a MM swooped down to grab it. How scandalous! Folks, do not put in a limit order on VLNC if you believe long term. Granted, it's a way to protect your bottom. But, with a security such as this one, it'll sting.
Hope all goes well on todays trading. I suspect it'll be unusually quiet, believe it or not. Everyone "shot their wad" yesterday.
Another point regarding yesterdays trading activity.....it's interesting to note that the price did not open down on the news even though it was released before the bell. Actually, it went up momentarily to 6 3/8, then slowly dipped below $6, and then the rest is history. It was not a gap down. |
