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Friday, October 31, 2014 3:52:19 PM
Like perhaps some MM/broker needs it at 2 cents for whatever they need to accomplish (covering, closing out positions from the Monday run, all the possible stuff that article described in detail maybe?)
It's gonna be real interesting IMO to see the close again today. See if they "paint it" down red, on some micro trade like yesterday, minutes before the close. I'll check the level II OTC at 4:15 Eastern to allow for the delay, and see what the last trades of the day look like- size, price and timing.
Should be interesting.
So from Monday on 5 plus MILLION shares traded, running it rapidly up almost 50% in a single spike to .0248, we're now at Friday, basically back under, or right around 2 cents, with lows in the week dipped back to .0170 or so, and the total today so far is about
170K shares X .0190 (avg) = about $3,230 bucks for the day. That ain't much dollar volume. Way, way off again now.
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