TRS 0.32% $3.18 the reject shop limited

why the big fall in sp?, page-2

  1. 1,491 Posts.
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    Agreed a 5% fall in one day is out of trend for both the market as a whole and other ASX retail stocks. It could be something as simple as a large holder deciding to exit the position at any price above $9.5 for example, so brokers aren't being delicate about moving the share price with large sell orders.

    I find it very odd that the seller would be executing their order on a day when Europe has "good" news about Greece and that market is set to bounce back a bit. That more than anything does make me wonder if there is bad news pending.
 
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