The activity in this stock definitely worth the time to be investigated. With obvious trades to bring down the price and move up in matter of minutes with HUGE sudden volume without even ONE comment from any of the big news agencies? Was there some technical error or inside trading in this name? Normal stocks free of error or inside trading does not move like this without news being published or discussed.
From a volume perspectice, from 10:45-11:30am ET seemed to have a large amount of volume on the price decline, then it started to flatten out as did the price. I tried to get in more at $13.50, but by the time I put it in there, it never came back and I pulled it after about 20 minutes. There was a medium sized volume spike around 3'ish ET, and prices seemed to increase into the close. The last two days, the selling volume has really taken this down quickly, versus the rebound.
I own 2500 shares at $14.91 avg in full disclosure, so I hope there's a rebound or earnings surprise.
The 3 oclock trade was not medium. It is app 1.2 Milllon shares and it is the biggest single trade of the day. That trade push the stock price up 30c in minutes. That was almost $30 million of purchase and definitely not retail. Some big short was in rush to cover by the end of the day and I am pretty sure that was not from any day traders either. If volume is any indication, That indicates a bottom.