Couple questions for this group.
Numbered in case anyone replies, they can reply question by question.
1) I've had a large buy in for sometime. It is for a value pretty far below the bid just in case there are any crazy reactions to tweets or announcements or who knows what. Anywho, it is low, but not so low that it should not have shown up on the many L2 snapshots that have been provided here. Why does it not show up?
2) I've had a large sell in for sometime. It is for a value pretty far above the ask just in case there are any crazy reactions to tweets or announcements or who knows what. Anywho, it is high, but not so high that it should not have shown up on the many L2 snapshots that have been provided here. Why does it not show up?
3) Depending upon your thoughts to #1&2 above, I wonder if there is any credibility to L2's, especially when we say that the ask is thin to $0.10. Or whatever. Where I'm going is the following. Given this group is actively monitored, does it make any sense to hold and pool our buys. To have everyone in this group that is inclined to buy above the ask, coordinate their buys for this day, time, amount above ask. For instance, tomorrow, 1PM eastern, at $0.08. And see what happens. I don't happen to think that what we see on L2 is real (or at least reliable). Especially since there is a horrifying write up somewhere on IHub that describes just how grotesquely MM's can behave and still be within the letter of the SEC law. If that is the case, then we can't say we're thin on the L2 ask up to this or that.
i am a pre-R/S shareholder.
i also bought a bunch of shares in the past couple years when the stock was between 2-4 cents.
when i purchased, i always bought above the ask for more than was shown on the ask.
the purchases were not trivial.
they rarely had the effect one would think they would have when looking at the ask.
but if we pooled at purchase for say 2,000,000 shares at $0.08, do you believe it would have an effect?
in essence we'd become one of them thar whales we keep waiting for.
or is is just that MM's can sell so many non-existent shares, that it doesn't matter until it matters to their algorithms?
AI
