InvestorsHub Logo
Followers 377
Posts 17270
Boards Moderated 3
Alias Born 03/07/2014

Re: None

Monday, 10/27/2014 12:08:25 PM

Monday, October 27, 2014 12:08:25 PM

Post# of 106844
Stalled out now, spread now opened up to 10%. Looks like they're gonna try and hold it up, but the bid is dropped and it's 30 plus minutes now since last trade (11:16 AM Eastern looks like).

Party kinda coming to a halt, or at least the guests are taking a big breather looks like.

Ran like crazy, now back to the parking lot. It's Noon straight up on East Coast, don't know if that matters maybe?

But when vol drops off sharp and spread goes wide, like 10%, then it's looking a bit tuckered out probably. Notice on those rapid moves, the spread tightens way down, they trade it more like a listed stock- the buy's and sells match almost instantly on a much more "normalized" spread.

Question now, where does it go from here. Was it a one timer event, or is a trend gonna start to move? It's parked, bumping right up against that 50 DMA. Interesting. The fast traders came in today big time IMO, no doubt. Are they gonna stick around or bail out?

Uh, just posted finally: 11:59 Eastern, so about 45 minutes between trades, sloooowed way down- and it dropped on the Ask/fill to .021 now and the bid dropped to .0206. Running out of gas or the lunch time breather?