WES 0.77% $66.04 wesfarmers limited

Who sold out?, page-4

  1. 153 Posts.
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    Yesterday the WES price dropped below $64 for a while. I find it hard to explain why a company with a
    market capitalization of about $75 billion or so would drop 4% in intraday trade on a day when
    the general market was steady. No company announcements have been made in weeks.
    Maybe a guy with a couple of million shares got a pain in the guts after eating a crook
    sausage on sunday.

    This sort of "churn" must be why day-traders exist.
 
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