% | $
Quotes you view appear here for quick access.

Violin Memory, Inc. Message Board

  • gregory.lynn Mar 19, 2014 12:34 PM Flag

    9 block trades by 12:30

    These block trades account for 100k shares, or roughly 25% of today's trades. Not 100% sure what this means, could be that it is signaling an even higher price or a near term top. Watching closely.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • gregory.lynn Mar 20, 2014 6:30 PM Flag

      Not much buying at the ask today but several 10k share bids were in. Saw this same tactic in place yesterday. Why exactly 10k shares, and at different prices at the same time?? Seems that an institutional buyer or several are buying up lots of shares. Anybody watch that 113k share bulk trade today? Holy cow!

      At any rate, the close was strong enough to form a white candle negating the bearish signal from the previous day leaving tomorrow up in the air. It is also options expiration, so there may be some traders trying to nail the price down at 5 for max pain.

0.3239+0.0110(+3.52%)May 23 4:02 PMEDT