u on the bid at 2.64....turning point???, page-12

U bid or ask means nothing.....minimum order 500K still means nothing....it could be genuine or false......as you said it may indicates $5mill or 10 mill order.
There are big traders who are just watching till the number
stack up then bang 5 millions shares gone!!
When emotion runs hot instos will make the best of this to suck in the blood from small nevous and inexperinced traders
with small capital.
Big capital will drive the market up or down.....when emotion runs hot the force become self fullfiling...and professional will ride the trend and make things worse.
Traders like us will have to stick to our strategy whatever
they might be and if one has not taken margin to the neck
stock like TLS with massive return will always recover in time....it is hard work...as there are easier trades out there.
U bid no u bid brings little impact to TA and FA....only emotion.
Looking at mid day volume it is rather encouraging that sellers are not hitting and keep hitting 2.64...they may
have a pause and waiting for more news...so the shorts
are not in a hurry to cover yet either.

Cheers,