tcisboss, I would put money on this scenario: All day there has been one main person, who may or may not know something regarding the results due out, who has been playing right at the front of the buy side and accumulating little bits at a time by waiting for the market to come to his/her bid at the front. This can be done due to the low volume, they buy up to create a gap in the sell depth (have you noticed there is usually a 0.1c gap between the buy and sell?) and then wait for the sellers to fall down into this gap and then swallow them up so that the share price doesnt rise too fast and create too much excitement. This happened all the way up to 8c, where someone in anticipation of a breakout jumped ahead of our mystery person taking the one and a half million shares and placing a sell order at 8.5c. This disturbed their accumulation and they stopped buying. The price then fell and the person that chomped the one and a half million got their stop loss hit and they sold out for a loss. Now we should see the games start again and see a slow rise back to 8c
ATN Price at posting:
7.3¢ Sentiment: Buy Disclosure: Held