David & Larry, are you watching the evaporating stock?<gg>
At 2:08, there is suddenly 269,800 shares ask at 27.
Then is drops to 219,800
Then 169,800
149,800
90,800
49,800
then poof! gone, with no trades to account for it.
All day, blocks over 50k have been there on the bid side, then
poof! gone.
And some people actually believe that a stock with 212mm
shares can't be manipulated!
As daytraders, when we see a quarter million shares for sell,
you expect downward pressure, and may take serious
action, only to see that stock evaporate. That "ain't" fair!<gg>
I expect my computer to give me a buy signal between now
and Monday morning, for a dead cat bounce. I mentioned
in the past two days that I have adjusted the chart back to
a downward channel, with an expanded top line, so I will
be biased to the downside, although I will play the bounce.
Patrick
A bid of 200k bid at 26 15/16 just occurred and was real,
as it did trade away. |
