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eik

Followers 85
Posts 6119
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Alias Born 10/24/2005

eik

Re: mrgoodtrade post# 2003

Wednesday, 06/01/2016 5:25:26 PM

Wednesday, June 01, 2016 5:25:26 PM

Post# of 3445
Yes, this is probably the first time when most of the trading went at ask:

Time Price Volume Market
13:27:44 0.03 99703 OTO
13:27:36 0.025 4019 OTO
13:27:35 0.025 4044 OTO
13:27:31 0.03 22400 OTO
13:27:14 0.03 25000 OTO
13:26:56 0.03 5000 OTO
13:26:26 0.03 5000 OTO


What is interesting tough, the "inpatient seller" started with 168K shares offered. Then about 165K shares were sold and... the ask still ended at 120,600 shares. Looks like unlimited supply. I do believe that insiders can drop more than 60 mln shares, and "official" restriction number is a myth. Maybe "inpatient buyer" should start buying in 500K - 1mln lots to convince sellers to move ask higher.