this is the second time this month I've seen this "method".
couldbe just coincidence? sure
but if it is a method it happens like this-
The Bid Side doesn't fill. Sellers have to put their shares on the ASK.
If THEY[sellers] want to stay secretive and just meet the Bid ?
well they have this sparse bids Line to meet.
THEY end up losing appreciable percents even trying to sell 10K#.
Now the last time I saw this it was NAV doing 60[i think]
and the follow-up days action was positive.
but that's a sample of one,hey?
TOX volume over the last month or more has been confusing.
Think I'll stick round,maybe buy some more,next time cashflow is on.
Half Pos-1500 at 220 current pos.planning on selling at say 60 but have been known to be like,skittish.
cheers.
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