Thanks troops - it just didn't seem to make sense. But if it is one large holder (JPM) unloading, then that would explain it.
However, I would have thought that in this day and age, they could have unloading bazillions of shares using the bots without causing the price to drop so far - after all, it's in their own interests to get as good a price for the shares as they can.
But what do I know? I'm not J P Morgan....!
Why the big drop?, page-5
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Last
54.5¢ |
Change
0.005(0.93%) |
Mkt cap ! $329.4M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 55.5¢ | 53.5¢ | $1.028M | 1.885M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2299 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 86424 | 7 |
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