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. ;-)
thank you for insights! I bet they are accumulating...stock currently trading 10x EBIT predominantly for the existing two RC facilities-if we get guidance of more RC facilities 'going live' we'll see $30 in a heart beat. Wonder the value of the DSI win referenced in the recent PR and let's not forget,MATS,remains the law of the land with ACI sales awards beginning w/i 60 days.