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jbem777

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jbem777

Re: None

Tuesday, 07/14/2015 10:54:25 PM

Tuesday, July 14, 2015 10:54:25 PM

Post# of 23979
SNGX...Things changed considerably today. The spread got much bigger and the volume was still there. Also, ARCA was on the bid a lot and they are an ECN used by the MM's to gather shares covertly (or dilute). However, they were only on the bid today during the periods I was able to observe. Some entity is taking a large position IMO. This was further confirmed by the fact that this didn't return to the $1.50 levels. Also, look at the accum/dist on the chart during the drop. It barely moved and is already at pre drop levels.

This was a very abrupt change in trading pattern. Something big is about to happen IMO. This will be good.
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