RED 0.00% 34.5¢ red 5 limited

Quarterly comments, page-9

  1. 113 Posts.
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    I believe an institutional decided they just wanted out on the second day after RED reopened. Day one had big selling but big buying and closed at 7.6. This seemed about right to me based on what we knew.

    Then the selling came in - you can see the big volumes which have been progressively tailing off.

    Just has all the trademarks of someone saying - I've had enough get me out. In this market that leads to a whole lot of price pressure.
 
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