100%.. it has been this way for about 3 weeks... large volume buys that start to move the stock forward and then a quick 100 share sell off well below ask.. last week it opened at 22.30 with a 3000 share buy and within 10 minutes the ask for 100 shares was 21.47... yes.. 21.47 , the next day , same thing... today with strong buying pressure we again see these 100 share sells below ask .... hopefully they are trying to accumulate and once they get what they need they will let it ride.... until then.. they will keep it pinned to 22..
By today's action, it looks like someone wants to try and keep it within the trendlines going back 18 months or so! Today is a perfect example of how easy at times it is to push the shares on so little volume. I think they are gearing up for some more attention towards the end of this quarter and the next report, and hopefully, it will be enough to break this cycle! after this shake, $25 would be good heading into this!
agreed... an 8,000 and a 4,000 sell order this am and she drops a full $1.. then the sheep start to panic and sell in 100-400 share orders. It held $22 for almost a week so that is a strong indicator and the day is not over yet. How far it recovers will help indicate which direction the next major move is likely to go. Like you guys, hoping the technicals help us a move north of $24.50.