A couple of other strange phenomenon I have noticed recently:
Example #1: Lets say we try to place a nice sized order to purchase shares for $14.35 but we cannot get anyone to sell at that price. Yet someone will be perfectly happy to sell their shares for like $13.85. How is that possible? Why would someone want to sell their shares for $13.85 when they could have sold them for $14.35? It is like they were more interested in bringing the share price down than selling for a profit. Unless of course they were shorting and would make more money if they sold at the lower price.
Example #2: A situation I have noticed before and also on this last trading day Friday where there were a plethora of miniscule share trades throughout the day. These trades all seemed designed to bring the share price down. For instance there was a trade for 1 share that brought the price of the stock down like .10 per share. And there were many examples of low volume trades like this throughout the day.
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Last
$13.63 |
Change
0.120(0.89%) |
Mkt cap ! $682.3M |
Open | High | Low | Value | Volume |
$13.55 | $13.77 | $13.43 | $581.2K | 42.76K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 248 | $13.62 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.64 | 1 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 248 | 13.620 |
1 | 156 | 13.560 |
1 | 100 | 13.410 |
2 | 107 | 13.400 |
1 | 100 | 13.390 |
Price($) | Vol. | No. |
---|---|---|
13.770 | 193 | 1 |
13.790 | 193 | 1 |
13.800 | 193 | 1 |
13.820 | 193 | 1 |
13.880 | 800 | 2 |
Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
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Michael Thurn, CEO & MD
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