I think that the stock dumping has been rampant for a couple of weeks now. Not sure who wants out so desperately but at times it seems irrational/illogical selling because yesterday in particular I noticed the 21c line had been eroded to all but 3000 shares and then somebody dumps 200,000 in to the 20.5c line to depress the price back down again. Why not leave the sell in at 21 c and watch it be taken up as it surely would have been?
Then again this morning - 300,000 shares dumped into the 20.5 line.
Hopefully not KOGAS selling!!!
BUL Price at posting:
20.5¢ Sentiment: LT Buy Disclosure: Held