Orionwoo, It's called a dead cat bounce. No volume to speak...

  1. 6,072 Posts.
    Orionwoo,
    It's called a dead cat bounce. No volume to speak about nor any market depth. I'd say someone is just having a bit of a punt probably thinking of spending $30-$40k on a 1m share position.
    I wouldn't read too much into it - I think you will just be disappointed.
 
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