is...finding the next runners
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Were you bid sitting or did you buy into the ask?
It can indicate sentiment. If there's a higher percentage of buying, compared to previous days, it may give you an edge when gambling on a reversal
If you were bid sitting and the price fell to fill your order it's registered as a sell. If you slap the ask and the price rises to fill the order it's registered as a buy
Ah good point thanks for the wisdom I didn't think of that
Yes and I see a lot of spoofing in penny stocks too which is also illegal. There's so much of it going on though I don't know how they could possibly enforce it
Sometimes traders with large positions slap the ask with a small order just to raise the ticker price up a tick, especially in the final seconds of trading. That last trade makes the stock look better for the opening bell the following morning, and the ask may end up being one tick higher for the next opening bell. I see it all the time. Some brokers charge commissions based on the amount of shares bought, so people aren't necessarily paying $6.99 in commissions for a tiny trade like that
$$$SIGO$$$ is a sleeping GIANT
Gotta have some MYDX for the upcoming cannabis craze. In 3 months I will be glad I loaded here IMHO. If it drops I will add more
I hear ya. I have been thinking about some of these large ask walls that appear and disappear without trades going through on the time and sales. I've been thinking a lot about spoofing which is when a trader who has a lot of shares wants to accumulate more. They use the shares they have to put up a huge ask wall thereby scaring traders into a sell off. Especially traders who are watching level 2. Then the spoofer accumulates more and eventually removes the ask wall thereby allowing the stock to move upward. I know this isn't what you were refering to in your earlier post, but does that make sense? Sometimes a buyer could gobble up the shares of the spoofer, foiling his plan
This POS will run again. Alligator tooth chart. Odds are we will get at least another spike out a this. Buy at the gumline
US MJ sector usually spikes by JAN. Patience will pay off IMHO. August and September is the time to load on low sentiment, low volume and low prices
I saw the same thing happen to $ING about a month ago. Someone put a huge wall up to try to spoof the price down and it got gobbled up. Love it
This coin is affiliated with BITCF. volume low but I figure I can do some bid sitting.
Low float MJ stock with January around the corner? Loading now before it's too late
I just received spin off shares from this company. Ticker of spin off shares is CNG/CN. It's not yet trade-able on think or swim
I see that now, thanks for pointing that out. Thought it may have been a spoofer
That huge ask wall just disappeared GO SIGO!
Think or Swim showing 43,553 at .70 at ask. May take a while to plow through that.
EDGX putting up fake ask walls
someone spoofing the ask
Yes. I saw the news a couple of minutes after market opened. Been waiting for this
Huge volume. Run not over yet IMO
This stock was $5 not long ago. Go ITUS!
This stock may screw many shareholders, But some of us by low and are patient enough to at least double up. Its the chasers that get burned
Many of us know this company is garbage I bid sat at .0005 for a couple of months before I finally got filled some time ago. Based on previous price action history I think I will get out of it soon for decent gains but I'm not taking this company seriously long term. This is a ticker that needs to get used and abused.
Yeah I got a small position here, But I can't take this company seriously with unlimited authorized shares. I'm gonna keep my position light so I can get out quickly when it rips. If they want to limit the authorized shares perhaps I'll rethink my strategy.
Seems like a sleeper that is lagging behind other MJ stocks- just what I am looking for. Great bottom feeding opportunity. Good luck bro
Slapped .18s earlier today, bid sitting at .16s and not getting filled. No volume, but MJ sector will pop by Jan IMO
Grabbed a starter here, looks like a possible reversal in the chart to me, and the cannabis sector may jump in the coming months IMO. Just a guess
Awesome day. Stair stepping up
CrucialTrak is some Brave new world technology. The human body in effect becoming like an RFID chip. Hand vein, fingerprint, iris, and facial recognition in one device for extra accurate verification. Coming up next: cashless society
Another CrucialTrak video
Yeah I think Monday morning will be huge. Might see a little sell off in the afternoon, but I hope not! GLTU
I asked an informed trader about t-trades and this is what she replied:
MMs don't have to show all orders. The rules governing that are complicated, and I don't understand them all. But there may at any time be big orders you don't know about. Level II isn't the Rosetta Stone. It doesn't tell you everything. The MMs themselves have Level III, which shows much more about what's going on.
T-trades are executed during the trading session, but not reported until after the bell. Sometimes, the MM just closes out the transaction and prints it shortly before the close. He may even do that earlier in the day. Those trades show on the tape as "out of sequence", or "averaged trades".
T-trades are almost always sells. They don't have to be, but usually they're done by toxic financiers dumping. The seller hires the MM to work off his order. They agree on an average price for the trades, or at least on a desired average price. The idea is not to tank the stock any more than is necessary to execute the trades. That's because the toxic funder is likely to have more to sell, and wants to get the best possible execution. He'll pay the MM about 1.25% of the value of the trades as a fee. Sometimes the MM takes it in stock, which is why the price for the averaged trade may be below the bid.
Wow maybe the 500,000 shares were put up to form a wall to keep the price down but a whale foiled the plan by snatching them up!
"Spoofing" is a practice in which traders attempt to give an artificial impression of market conditions by entering and quickly canceling large buy or sell orders onto an exchange, in an attempt to manipulate prices
Looks like this is worthy of being on my watchlist now. If I can get in for .20 I'll get a starter
First hour of trading Monday will be interesting. This may go up another 50% SING!!!!!!!
Incredible day!!!!