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Black Diamond, Inc. Message Board

  • tex7779 tex7779 May 1, 2010 11:34 AM Flag

    Yesterday's trading activity

    Since there were really very few trades yesterday it was pretty easy to track the activity it was happening.

    First, absolutely no trades until the 484 share trade at the ask of 5.50, which occurred at about 10:50 AM. The bid / ask at that time was 5.35 / 5.50.

    Soon after that trade, the bid / ask dropped down to 5.10 / 5.35 and stayed there all day even as more trades were going through at the ask of 5.35. That tells me that buyers continued to come in but with the overall low volume of the day, this was not creating a trade imbalance.

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