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Re: tumulusus post# 2208

Friday, 08/26/2016 4:52:26 PM

Friday, August 26, 2016 4:52:26 PM

Post# of 2434
tumulusus, I said if the Bid and Ask tighten up and little or no volume that would not be positive. The Bid and Ask still have a HUGE spread. Again this discourages trading. Those wanting to sell have a low price and those wanting to buy have a high price. Sometimes this can mean the market Makers are seeing some irregular trade requests come in and they are trying to figure out what to do so they widen the bid and ask greatly to see what happens. Could mean there are massive amount of sells in system but sellers are trying to sell at or near the Ask OR there are plenty of buys but buyers do not want to pay the .0029 and have limit orders in well below that lets say .0018 or so. Until the bid and ask tighten up and trades start to occur you really cant tell which direction this is headed. At this point it is not about volume but rather what will happen when the market makers tighten everything up. Right now it is a "wait and see" situation. Good luck all...

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