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Re: None

Wednesday, 10/07/2015 12:29:37 AM

Wednesday, October 07, 2015 12:29:37 AM

Post# of 29789
My assessment of what's going on. There is/was a lot of selling at 3. But.... Everyone on the bid isnt being able to buy on 2. Seems like the shares are being taken before it hits our bids. VNDM is both on the bid and the ask. Could be possible they have a narrow spread buying and selling to themselves with two different clients but above our 2 bids. Hence our orders to buy rarely ever go through even though people are selling. How can a 45 million sell order on a 2-3 spread never take out any shares at 2? I think this goes much much higher. Theres a wall set up at 3 but seems like a wall setup on the bid side as well not letting us buy while someone else is loading up all the sell orders above ours. Volume is key here and this range might be the "sweet spot". In my opinion of course. Do your own due diligence. Don't invest unless you consult your investment adviser first.