VLA 0.00% $1.75 viralytics limited

vla, page-57

  1. 714 Posts.
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    So changing the subject a little can I please ask someone with more knowledge of the markets that myself to try and explain what happened today or more importantly why it happened.

    In summary
    -VLA opened at $1.12 and in the first hour rose to $1.35.
    - In that hour there were approximately 500,000 buy orders and at one stage as little as 11,000 sell orders.
    -Then shortly after 11am the sell orders jumped to over 300,000 and as a result the SP settled back down to approximately $1.23.
    -By close of business we were sitting on $1.26 with a good number of buy and sell orders.

    Can anyone tell me what happened for there to be almost no sell orders at 10.50am and then a heap at 11.05am?

    I would be interested in knowing for my own future reference.

    Thank you in advance to anyone who would care to comment and enlighten me.

    Martin.
 
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