Just saw two trades on WSP
50,000 @ 3.85
20,000 @ 3.85
Someone is a believer.Surprisng given the market during the
last two days. A look at the Yahoo site shows 8 out of 10 top volume
stocks down, some substantially. BII -5.55. GEM 37 -9 MB -50 CM -85
The drop is right across the board. Blue chips, pennies,
most sectors. Pipelines have held their own but just barely
and may succumb by the end of the day. RXD is +13. PUG +1.
My screen is just about all red and blue. CAV was up at the beginning of the day, then fell into negative territory. TQY is
neutral.
No news on Stockwatch for WSP and yet some big buys. 50,000
at 3.85 is serious money. So,for that matter, is 20,000.
Maybe the result of RT's European sojourn? It's not coming from any
action on adjoining properties. SUF is up a nickle.
Someone wants the stock badly enough to keep hitting the bids.With
nonews, they either think they know something or do know something.
Still haven't breached that resistance line at 4.00 but sure are
building a positive triangle with the lows moving uptoward the
resitance line. That is very bullish. On the negative side, there's
not much confirmation from volume. If we get volume, Bilecki's
prediction of 5.00 will happen very fast. |
