pre open seller!

  1. NT
    1,708 Posts.
    The move by 1 party to sell 200,000 AVL at 24 will successfully bring day sales back to 23.5 cent.

    As the 1 offer of 200,000 is so outside the general pattern it appears to me to be a capping exercise to stop a potential climb to 25 cent/share.

    For a relatively small loss a institution or some other can quietly spend the day picking up the usual dribble of sellers at the lower price.

    Needs a chang in circumstances now to drive the shares to the next level.

    Cheers

    NT
 
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