It was Muley who finally blinked and put a buy order in for 52,000 at .09 when things were stagnant at volume of only 10k this morning. Seemed silly to be nitpicking at these price levels anyway when I look at the probable future. Didn't want to put that size order in. Figured I'd get filled on small amount and have to chase the ask. But the opposite happened. Got filled in full and immediately the bib/ask dropped. Why is that? Can someone explain why, if everyone was holding tight all morning, that when someone stepped up to the plate, the MM's didn't raise the ask? Was the drop an attempt to scare longs out of shares? But if that the case, everyone saw my trade go off at the ask, so clearly it was fresh buying. I don't get it!
Anyone have a breakdown of what traded at different levels today? Curious as to how many scooped up shares at .08 or less.
Anyways, over past few days have accumulated 200,000 at about .085 average. Wish I was in position of most here when price still at .02 -.03, even .04. But hey, can't get greedy. Just hope you guys - and gals -and your great dd are on the money!!