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Mad Catz Interactive Inc. Message Board

  • uptabdowntab uptabdowntab Apr 24, 2014 1:27 PM Flag

    Simply no shares available and buyers

    are either very disciplined or not very motivated. Bid/Ask was about .5515/.5575 when I entered a limit to buy 20,000 at .565 about an hour or so ago. It filled in about 15 executions of anywhere from 100 to 3000 shares and took about 15 minutes. Avg price was .563. As soon as it filled, the bid/ask dropped right back to where it was.

    I guess we are in "show me" mood until earnings in June.

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    • Was interesting that the price was up on a relatively low volume day. I'd love to think that the quick-trigger sellers are out now, but I know better; after 6+ years of tough going on the market, it's going to take a good long while to get some exuberance back.

      Sentiment: Strong Buy

 
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