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Message: DJI Something new?

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Re: DJI Something new?

in response to DJI Something new? by gemoz
posted on Apr 20, 09 05:57AM

Following up: Today, Monday, DJI opened with 20K at .035 and, just as I mentioned yesterday, the bid is for 1K at .035 and ask for 30K at .045.

Again, before opening, we saw the B/A slip to .03 for 20K but it did not happen.

Of course, .03 is not out of the possible, even .025 but I find the bid-ask somewhat suspicious. Anonymous did buy that RBC 20K but at .035.

go

PS: here's a possible scenario. Someone who wants DJI to hold at least at .035 sees the 20K offered at market or at .03. Just before opening, he makes a bid at .035 for that quantity and, of course, gets it. (Could Anonymous be someone close to the Company?) Just speculating, BTW, but I can tell you I've done similar buys in the past (not for the same reason!)



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