Interesting price action this morning. Down 10% on no news. Longer term watchers of this stock will notice a familiar pattern. There are some very large holders of this stock, and I dont think they are past playing a few games to pick up some more. They have no problem smashing the bid in 100k or two to pick up a few million slightly cheaper. Not a new trick, but one they seem to get away with on a regular basis in a lot of stocks.
If the pattern holds true, then this is often the precursor to some good news.
I might pick up a few more today myself....
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Interesting price action this morning. Down 10% on no news....
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