I have observed a few small caps of recent times that get white-anted with micro sized trades over a couple of weeks for no apparent reason - even when there is anticipated of a potential share price increase.
Classic of recent times where I just managed to escape the fall was ORD. Was also white-anted with micro sized trades then in 1/2 hour one afternoon sunk like a stone.
As many would say - "Keep those stop losses in order".
Shame - quite liked this stock so may sneak back in later. Not that European turmoils and suspected Chinese economic contraction helps the cause.
GXY Price at posting:
29.3¢ Sentiment: None Disclosure: Not Held