I would not think that the volume is based on the BB alone.
If you read the BB notice you will find it is extremely flexible, I say clever.
They can buy as and when and based on conditions around VWAP, which is why I often
post that price.
The flexibility will keep attempted shorters to a minimum I would hope.
Of coarse it would be in the best interest of FMG that they buy even more shares at a
lower price in much the same way either you or I would hope to do.
They do however know what the shares are truly worth and are in a better position than any of us at
this stage to know when they see a bargain and pin back their ears and buy heavily.
They likewise can lay off buying for days on end as they have done in the past.
What else that is happening with diversification also in play would help determine their BB tactics.
Today could have been traders, investors of BB.
We get to find out later.
Today for the market was overall not good so by comparison I thought we held up OK.
At least it's a share that's not talked about on HC that much which may or may not be to our advantage.
The last thing I really want to see is incessant ramping.
We all know where that can lead.
Posts on this thread have remained factual to date with no BS imo
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Last
$19.90 |
Change
-0.570(2.78%) |
Mkt cap ! $62.08B |
Open | High | Low | Value | Volume |
$20.75 | $20.75 | $19.86 | $160.1M | 7.870M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 3360 | $19.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$19.90 | 22539 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 1629 | 19.980 |
8 | 3398 | 19.970 |
10 | 9531 | 19.960 |
10 | 14514 | 19.950 |
7 | 13778 | 19.940 |
Price($) | Vol. | No. |
---|---|---|
19.990 | 4842 | 20 |
20.000 | 7790 | 21 |
20.010 | 4363 | 12 |
20.020 | 4693 | 13 |
20.030 | 5410 | 10 |
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