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Re: snax post# 22981

Tuesday, 05/23/2017 9:55:28 AM

Tuesday, May 23, 2017 9:55:28 AM

Post# of 346667
There's no major short attack. I saw CDEL trying to walk the PPS down by lowering the ask without losing too many shares about 10 minutes ago.

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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