The share price is where it was two days ago, but the VWAP is higher. It really doesn't add up but ultimately those who wanted to sell or capitulate would have already done so by now. I don't know if the SBB will be effective for the SP (or not) but it will be able to tell us if the company engages in buying back shares aggressively and the share price continues to slide there is clearly a large net seller. Right now it is impossible to know because the trading seems to defy logic - and volumes aren't really all that useful in isolation because when there is no cost for brokerage you can trade against yourself, or to other accounts that are owned by the same group(s) - all of which creates market volume, but it doesn't actually mean shares are changing hands. We don't get the privilege of seeing that information as retail investors.
NEU Price at posting:
$12.36 Sentiment: Buy Disclosure: Held
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