InvestorsHub Logo
Followers 26
Posts 600
Boards Moderated 0
Alias Born 12/05/2013

Re: WealthyKing post# 6495

Thursday, 09/11/2014 11:15:38 AM

Thursday, September 11, 2014 11:15:38 AM

Post# of 9944
Here is what I think is going on. Recently I think Cantor decided enough is enough with sp being below $1. They stepped in and boxed it above $1. You can watch them through EDGX on level two. Then along comes buying pressure....and it is not Cantor...unless they are getting their clients in at a low price. Somebody heard something so buying increased. Cantor throws big sell orders in to cap the rise. A rapid rise on no news is bad. That attracts shorts and day traders. Now back during the great bear raid you saw massive volume through ARCX. This was the MM that the bear raid went through. If you look today ARCX is right there with the AX. The AX is EDGX. For those that don't know what an AX is....it is the MM that controls the price for the day. So if ARCX is sniffing around then maybe Cantor through EDGX is boxing it in to prevent shananagans.

The ability to box it in from a rise depends on the AX's inventory of stock to sell. If the buying pressure is large enough then the AX runs out of inventory and the sp rises until it reaches a new support. At this point if the bears wish to short the new position then the MM must be willing to be on the buying side to absorb. Before the uplisting we saw up to 30mm shares traded in a day. PVCT took on Cantor as their MM because they have the ability and depth to absorb a bear raid.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent PVCT News