We will see some siriusSXM smart money moving in now for the climb up..
Hoping the other shoe drops soon with lent shares bond of 2014 getting taken care of...
And i'm laughing my ass off at charles post,close very close scenario indeed...
We will see some siriusSXM smart money moving in now for the climb up..
Hoping the other shoe drops soon with lent shares bond of 2014 getting taken care of...
And i'm laughing my ass off at charles post,close very close scenario indeed...
411 million shares!!!!!!!!!!!!!!!!!!!! HOLY CRAP, that is the most I have seen so far for one day!!!
I don't know if this is good or bad?
be back later,got to run..
if there were stop losses triggered, in the same fashion limit buys could have also been triggered.. anyone here slick enough to have a low buy order? brag posts anyone?
Yes, I do. The plausible reason for this drop was the Russell rebalance as others said. Huge amount of shares dumped. Someone else posted that people put sale in with ask of .42, and then MM's match it with .28. That is BS. If you put in order at .42 with 'all or none', or no limits, then it will sit if there's no bid at .42. But, when these huge dumps happen, how do you know they didn't put in sell at .42, with lower limt down to say .32, knowing that when the huge order to sell goes in, buyers will be scarce at the higher price. So, they are willing to average the sale to unload the high vol of shares, take whatever they can on the way down to their lower limit.
Sorry...I don't buy this manipulation argument for every thing that happens to this stock. I'm not saying there isn't any. I'm not smart enough in this stuff to say that. But, I'm sure not buying that every time we take a hit, it's because some conspiracy is behind it.
I am lazy. Perhaps you can check out www.investopedia.com. I do not know if they have an explanation but thats a place to start.
http://www.fool.com/investing/small-...else-does.aspx
got this yesterday and didnt read it.
feel like and idiot after the last minute trades now.
at least i know what a "swing trade" looks like now!!!!