Dragnet Discussion Board

[Dragnet]

SFOR
I received a question from another poster..as follows.


I've been restricted on the SFOR board (1 post a day) for about 2 weeks which is why I'm writing you but did you happen to notice the bids building right now. That's a high number at .0102 for pre-market. Usually it's in 10,000 units but CANT is showing 13,000. To me that would seem that they have a pretty large bid in at .0102.

Thoughts?

At this time of day they should begin to build. My prior post on the SFOR board about the spread in the bid/ask combined with the early part of the day (before 7am and news commonly is posted after 7 am) shows sellers are afraid the might miss the run if they missed the news by using the "good until cancelled" feature on your trading platform.

Today we see no news so the bids are coming in higher than the sales and the ask will increase just at opening or just before.

Simply, no one wants to be caught with their pants down on this one or RMHB as that had a very good day yesterday and looks to be running soon also.