No opening trade today? Volume is at zero after market open.
For weeks now it's been posting an opening trade often within seconds of 9:30 AM Eastern, or at most maybe 1 minute. Right now, naughta.
It just gets more and more interesting IMO. So it sinks huge on very high volumes after the big PR run-up after hitting its near all, all time low where it had gone from extremely high volumes then back to several days of very low volumes. Also started some of the ole "flat-lining" again where it sits w/o a single trade for sometimes 1 hour to as much as 2 hours sometimes in the middle of the trading day.
Now is the supposed "big day" and it's parked w/o so much as $100 bucks traded out of the gate at the open- just zero volume?
This one's a wild one for sure? More like a Vegas Casino to me than any "investment" based on the violent, ultra fast moving wild swings in it's day to day and weekly trading (50% swings in a matter of days - holy cow), the ultra ultra wide spreads often used and how it can go ill-liquid and sink like 15% or 20% after a bunch of buy orders just got filled.
Wonder how long it will take to post the first trade of the day?
There it went finally. First trade at 9:41 AM Eastern. So it took 11 minutes to get first trade to post- that's moving pretty slow for the "big day" I think? First line on the daily chart is a red, round lot 100K share sell, but they moved the stock "up" .67% and now bumped that initial bid of .0141 up a bit- looks like the MM's are gonna "work it" a bit maybe. Try for the spread and push it up a little initially- that first bid of .0141 was well below yesterday's close, now they moved everything "up" a bit- despite a large first sell showing on the daily chart? Wild Wild West.
Only about $1,500 traded but the MM's are really trying to push it up a bit looks like now moved Bid to .0151 and Ask .0159 (pretty wide spread w/ that initial low bid of .0141 never filling but moving right up on really almost no buying?)
Oh, now it just flashed a blue (buy spike) 250K share order- but it looks like that's sinking the price all the way down on the daily chart- down to what looks like around .0136 which is below even the current bid that was posted and way below even yesterday's close??? How does that work?
Looks like another wild day ahead I guess. So smaller sells and it moved "up" and now a bigger buy and some very, very tiny sells from what can be seen on the daily chart and it moves way down? Ya need a seat belt on this ride- fully strapped in. Bid just dropped back low again to .0141 with ask still way out there at .0158, going full wide spread on the MM's now.
Wild baby.
AI
