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Tuesday, May 23, 2017 9:55:28 AM
If CDEL uses any large amount to walk the ask down, I think those shares will get taken away.
That's why CDEL was only using a block of 10K shares, but those got taken, and CDEL moved back higher.
I see tests like this regularly right before a catalyst to see what they can get away with, all with the intent of picking up a large amount on the bid if their game induces some sellers.
Doesn't look like it will work here today for CDEL, or any other MM for that matter.
Go AMFE
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