Unusual trading patterns in LYC trading today:
1. Very low volume compared to LYC's usual. It's just after 12 noon now, and still only 1.9 million shares traded.
2. Very little shorting activity. Still some straight-out selling on the Course of Sales, but only the very occasional attempt at bot-driven shorting
3. Share price trading sideways in a 1-cent band most of the day so far - between 1.105 and 1.115
Impression is that everyone - including the big end of town - is just marking time while waiting for the TOL issuance.
Given that the market usually pro-acts before news is announced (not that inside info would be a factor, of course...!), then this could be just the calm before the storm.
If we see the share price suddenly start to go up on significant volume (important that - the volume needs to be there), then that could indicate the impending announcement of the TOL.
Just my thoughts...
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Unusual trading patterns in LYC trading today:1. Very low volume...
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Last
$6.40 |
Change
0.170(2.73%) |
Mkt cap ! $5.982B |
Open | High | Low | Value | Volume |
$6.34 | $6.40 | $6.28 | $12.65M | 1.991M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 15037 | $6.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.40 | 38814 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 6.390 |
3 | 16036 | 6.370 |
6 | 39595 | 6.360 |
5 | 14851 | 6.350 |
2 | 15313 | 6.340 |
Price($) | Vol. | No. |
---|---|---|
6.400 | 26206 | 8 |
6.410 | 11347 | 5 |
6.420 | 17845 | 3 |
6.430 | 7845 | 1 |
6.440 | 7845 | 1 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
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