interesting price action in GBI today.
for the last few weeks, there was a persistent seller at 24 cents that must have moved about 220,000 shares in 55k lots.
every time one order was almost finished, they would reload up to the 55k level.
today, the 24 cent seller was taken out and did not reload. May well indicate the end of the line??
We have also seen at least one reload seller in 10,000 lots, mostly at 22 - 23 cents. This also has not come back today.
may be too early to call, but this could be a good sign for gbi.
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- selling line finished?
interesting price action in GBI today.for the last few weeks,...
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