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Navidea Biopharmaceuticals, Inc Message Board

  • mershaw2001 mershaw2001 Apr 25, 2013 5:51 PM Flag

    Daily U shape price movement

    I'm looking for suggestions on why the price movement is U shaped on a daily basis. We seem to have a block seller in the AM that drives the price down 10+ cents, and then a block seller in the PM that drives it right back up 10+ cents. Are these the same entity? I assumed that it might be a short seller in the AM who then covered at the low price, but if that was the case there would be no incentive to drive the price up at the end of the day.

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0.80-0.0200(-2.44%)Feb 5 4:06 PMEST