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Re: OTC Knight post# 5325

Friday, 10/09/2015 1:26:01 PM

Friday, October 09, 2015 1:26:01 PM

Post# of 51500
I've been saying this. Again, I'll remind people. Yesterday, I literally sat and watched the L2 for an hour or so. Bid showed 10k at 6 all day, UNLESS someone sold into the bid, which MEANS that there are more people/MM that want this than the L2 will project. Right now, yes, it's probably truthful, but be leery when it seems like people are selling off. Every time someone sells into the bid, someone is soaking it up. That should tell you something.