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Gulf Resources, Inc. Message Board

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  • rmnew2fl rmnew2fl Jul 5, 2012 4:43 PM Flag

    large trading blocks


    With the large sell order or combination of orders - if something is going on would you expect it to be positive or negative? There are buyers at this level.

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    • I don't know what to conclude from these large orders or sum of orders but it was funny to see that for a stock with a volume like today below 200K shares a day there were very large asks and bids within 1 cent and that in fact both were camping on their position as the stock remained between $1.41 and $1.42 for the rest of the trading day. Not sure what it was about but curious to know if someone with more expertise than mine on this topic had an explanation. At the end of the day the stock managed to go nicely up and I would not complain about it :)

1.41-0.03(-2.08%)May 24 4:00 PMEDT