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Re: None

Wednesday, 01/04/2017 11:14:01 PM

Wednesday, January 04, 2017 11:14:01 PM

Post# of 424
what's with this Level 2 stuff? is it a moment of truth? a harbinger of things to come? or another deceitful lying tool meant to envelop its onlookers in a sleight of hand?

MCGI -- .0002 x .0004. 53M to 27M. no trades and suddenly the ask thins out to around 3M, then slowly builds back up to 9M. but still no trades. why did 18M worth of sellers back off?

WCSY -- .0215 x .10. nice spread. oops! ask is .1125. and there's representation at .20 and above. mm's nd/or clients are interested?

CYNS -- .0009 x .0029. what happened to the seller who formed resistance at .001?

CNHC -- .0006 x .0011. two trades, 90k takes out .011 and 100k moves the ask from .0015 to .002. suddenly the bid is 330k strong at .0015 before disappearing. ends up .0006 x .002. sure,that will entice buyers. and that's the point.

these are relatively inert stocks. illiquid and thin because they don't trade, and uninviting because the spread is so wide.

so, what to think i ask.
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