I call it, "the MM needs to bring it in @ XXX at close."
You can spot this when you see small volume, big move or big volume, small move. It all has to "catch up" eventually. I see big buying yet small move, just wait. It's just delaying the inevitable.
On the flip side, I don't get too worried about big moves on low volume days. I see it (all other things being equal) as a buying opp.
I'm not sure I understood your question, but I hope so. BS at the close is COMMON. Where a stock closes is key in many formulas. To me, I couldn't care less honestly. It's temporary IMO. The piper WILL be paid.
Strong shipments boost Ultralife 2Q revenue Wednesday July 9, 8:27 am ET Ultralife 2nd-qtr revenue to be about $88 million, above company's and analysts' estimates
NEWARK, N.Y. (AP) -- Ultralife Corp., a battery and power solutions provider, said Wednesday second-quarter revenue will beat its previous expectations because of strong shipments and accelerated deliveries. Ultralife now anticipates revenue for the quarter ended June 28 will be about $88 million. It had previously estimated revenue would exceed $75 million.
Analysts polled by Thomson Financial, on average, forecast revenue of $66.4 million for the quarter.