Watched an order filling from level 2 view that was in place for some time.100000 shares slowly knocked down to 93000 at the closing bell. Not sure why such a large buy order was in place and will pay attention at open for any continuation.
Well let's hope today was a kneejerk reaction to downgrade, otherwise I may have to buy puts to protect my long position here. Curious as to your thoughts on this entire thing being leaked and driven down by people with knowledge?
Started buying at 29, but really moved on this below 28. Picked up some shares in low 25 range. Someone unloaded 27500 shares around 24.80 this morning and then upward movement after that. I could not believe how low this has gone so close to probable approval, I would think this stock hit bottom and part of this drop was manipulation to shake out shares and buy them low. I sold Aug. calls on this at $35.00 strike last month and was thinking I might need to roll it out 2 weeks ago, looks safe now but if we hit $35 by end of next week that would be an afterthought with the shares I have now.