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pawel2009

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pawel2009

Re: CAYO post# 38677

Thursday, 03/12/2015 9:28:25 PM

Thursday, March 12, 2015 9:28:25 PM

Post# of 74432
It's probably a market maker falsely advertising ask price and then refusing to honor it (which is against SEC regs).. If there was a real seller behind the ask, the order would have been filled for them.

So if some market maker wants the ask to go from 5 to 4, by advertising false 4 ask, he must want the price to go down to get some cheaper shares soon. (Since if he wanted to sell a ton of shares, he would act in ways to bring the price up).

Of course, it could be a complete head fake or anything, who knows, I'm no expert.

Myth, Pump, your thoughts?
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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