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Re: Triple9 post# 39307

Friday, 01/20/2017 8:43:26 AM

Friday, January 20, 2017 8:43:26 AM

Post# of 203913
A lot of times you will see PUMA on the high bid and rarely, if ever, on the ask. Then, there are times where you will see PUMA boxed in (on the high bid and the high ask) with a wide enough spread to “scalp” the in between as well as scare investors into selling to them on the bid.

What PUMA will be looking to accomplish is one of two things: either accumulating ahead of an anticipated public event, or a short covering before a possible move to the upside.