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Entertainment Gaming Asia Inc. Message Board

  • jeepmatt jeepmatt Feb 7, 2013 8:20 AM Flag

    Daily Trends

    Hey all - yep - I'm still a shareholder. Quietly accumulated quite a few thousands of shares from $1.90 - $2.41 over the past couple months.

    Anyone have an opinion on why the daily trading follows such a recognizable pattern?

    Morning: light volume, price drops to a bid price that's a very wide spread.
    Midday: Slowly climbs back up, low volume
    Close: Flurry of trades at the bell, price jumps to a high for the day

    Granted, if it wants to go up every day I don't mind - but seems strange that almost EVERY day is predictable.

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