10 minites before the close it looked to be all bot action driving the price down to a low of $2.41 and then in the final auction we closed at $2.47.
What's more most of the end of day bot trades were crossed centre point dark pool trades. It beats me why bot trades of 8 shares need to go to a dark liquidity pool in the first place and with the same broker on both sides of the trade. Markets have got too sophisticated for their own good. It's all designed to give the bankers visibility and to keep everyone else in the dark. Also the bid ask volume has been stacked all towards the ask side for the last few days IMO, although when you look at the near the money bid ask volume (ie the bid ask volume closest to the last trade price) it is mostly favouring the bid IMO. I think the big end of town have been using the low liquidity in this stock to go stop hunting today. Esh
DCN Price at posting:
$2.47 Sentiment: Buy Disclosure: Held
