Tuesday, September 01, 2009

What 10 million shares traded in 5 minutes looks like

It's kind of crazy to see 10 million shares trade in 5 minutes. But, it's also expected to see the price drop like a rock following that 10 million share block. It's looking like 100-101 is the new accumulation zone for the market makers and I'd expect to see them buy up large blocks over the next few hours from panicked sellers.

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