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Old 03-12-2008, 04:58 PM
Smooth_Trunkfish Smooth_Trunkfish is offline
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Join Date: Feb 2008
Posts: 20
Quote:
Originally Posted by GeoMoney View Post
I think he was speaking of level 2 trades? I did not watch, but didn't these trades happen? I am sure he knows only public knowledge, just as we do.
He was suggesting that the trades took place because whoever made the trades knew something. I'm saying if that's the case then it's not good, because it means people are basically dumping their shares at lower and lower prices. If people were buying on insider knowledge, one would expect the price to go up, not down. Hopefully it's just one or two people who really wanted out and not people with insider knowledge. I don't know how many more days like today I'm going to be able to take.
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