Yesterday I had a buy order for close to 20k shares at $1.68 and it wasn't taken up even after close when matching took place.
This morning at approx. 9.50 AM, I pulled that order and went away for the day.
Now, looking at what happened to the sp today, I am glad that I pulled that order before I left.
Maybe I will wait for a while now. Someone is not happy with what is going on IMO, and the selling is constant.
Yesterday there were only about 63,697 shares shorted for the day with a reasonable size amount of shares transacted for the whole day. I personally don't think that, that amount of shorting, would have been sufficient to make the sp drop to such a level.
I am wondering as to whom it is that is selling or reducing their holdings.
Time will tell.
CDU Price at posting:
$1.64 Sentiment: None Disclosure: Held