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Advanced Emissions Solutions, Inc. Message Board

  • gorakrishna gorakrishna Feb 22, 2012 4:19 PM Flag

    Nice Trading Day

    I have been carrying two positions recently: a core long-term holding, and a short-term (really day-trading or couple-of-days-trading) in-and-out position.

    Today was a healthy trading day...I was watching the intra-day charts, and it appeared that someone was trying to flush out shares...I put in a healthy order above the other bids, and it got filled...very quickly the ask jumped a large gap, and very quickly the lower bids were cleared and replaced with much higher bids.

    Sold out of the position about .24 higher...not at the day's high, but I don't need to be greedy.

    I was watching the charts very closely all day, and my conclusion is that there are folks trying to quietly pick up shares. I must have thrown a monkey wrench into the effort. ;-)

    Just my honest and amateur opinion.

    -GK

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