"Accumulative phase" some ten days strong now. Starting to see 2.75 in my sleep. BBands only ten points apart, closest in a one year timespan. Not much volitility here. Better than watching the same at 1.45 though.
I hope you are correct. Just seems so wierd to be 'pinned' at 2.75. Got to be pre-arranged stuff between funds or between funds in the same fund family. All I know is that if I tried to buy 100k shares today, the price would go up....likewise on the sell side. Perhaps the next leg up leading into or just after upcoming earnings and cc?
I guess if you are a believer (like me) of 'dark pools' and the nefariousness of algorithmic trading, then anything can be accomplished on Wall Street. Now that they have become part of the Russell, I wouldn't be surprised if there hasn't been a few 'winks' and 'head nods' coming out of Navr's main office aimed at fund managers and institutions who have to own the Russell 3000. I just wish I had the balls to buy a 100K shares right now and then go on a 1 year vacation.