spls Huge volume in final minutes...What does it mean?

Discussion in 'Stocks' started by JimBob56, May 29, 2007.

  1. JimBob56

    JimBob56

    SPLS had huge action in final minutes. It had a single purchase of 2,000,000 shares and numereous 10,000 +

    Is there anyway to tell if there being bought to short?.
     
  2. asragov

    asragov

    TradeGuider turned bearish on SPLS (in the daily timeframe) last Thursday the 24th (i.e. downward trend).

    It looks like the bearishness has continued, and the volume is even more bearish.

    Trade with extreme caution ....
     
  3. For every share that is bought there is a seller. Every stock share is always owned by somebody. What exactly are you asking?

    No one can consistently correctly predict the future.