I agree with Ozgem and think it was the converted options holders selling. AZH has been holding well in the market.
The price range was about 15 cents to over 60 cents over the last year, a fourfold rise and some lucky holders are locking in profits. Often with a drop such as yesterday, it is manipulators attempting to rush down a stock triggering stoplosses. Often this carries through into the next day, as some trading plans sell the day after a trigger.
I agree with Ozgem and think it was the converted options...
Add to My Watchlist
What is My Watchlist?