The sell side always dries up but then off screen trades dump at or just below market price all day. We're seeing big volume (in the context of WME) and only 1/2 - 1c fluctuations. People aren't showing their hands with this and no matter how much the morning trade pushes the price the seller come out of the wood work to push it back. The screen appears to have very little value in assessing this stock (IMO).
The sell side always dries up but then off screen trades dump at...
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