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satelliteguy

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satelliteguy

Re: Katfish post# 8920

Wednesday, 08/27/2014 3:45:46 PM

Wednesday, August 27, 2014 3:45:46 PM

Post# of 27464
Katfish, I haven't been watching Level II but I'm sure there was some short-selling by the MMs on the way up. I also haven't been in any of the trading chatrooms lately so I don't know whether borrows were available at any broker for individuals to short LLLI, but obviously it would have made a great short trade from the .12-.15 range. I'm very surprised that it has dropped back down under .08, though. As to who jumped the price - are you saying that you put an order in at the ask, and whoever it was ran away? It's not supposed to happen but it doesn't surprise me.
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