missed the last hour of IPIX's trading .. (had t
Post# of 72440
(had to take some of the pets to the vets)
but 4 things stand out today .. (5th will be what DRS shows me)
first is news came out pre mkt .. which allowed CSTI to then UC the ask and block via their UC ask b4 mkt opened (i'll break out those blocks on today's tape of trades)
second is *imo* most with functioning gray matter could understand today's news
remember my adage .. *if able to* a significantly upside down NR has to make good news look bad (close down on volume) .. and bad news look fatal (significant close down on significant volume) .. IPIX closing green on lower volume did not work in NRs' favor today
third .. NR could not do volume maintenance on IPIX (NR has issues) .. tho' they came close to 10 day vol algos .. close doesn't cut it
fourth .. very rough count on hidden trades today (25000 - 30000) .. % approx 10% .. below what has been done *recently*
IPIX Volume 286,544
Volume (10 day Average) 291,618
Volume (90 day Average) 480,693
be interesting to see what tomorrow brings once there is a little digestion of today's news ..
4kids
Quote:
Sure looks like someone is panic-buying. Of course, the alternative explanation is that one of the crews has covered and gone long, and is going to start manipulating the price up -- though "manipulating it up" is not the right term. Perhaps "trying to stop the suppression of the price" would be more accurate.
And they failed miserably on getting the volume up.