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S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,236.00
(
-0.12%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
-0.72%
)
Bitcoin
64,128.03
(
-1.07%
)
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RedHerring

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RedHerring

Re: Euripides90 post# 40679

Monday, 07/03/2017 3:35:17 PM

Monday, July 03, 2017 3:35:17 PM

Post# of 58072
Europides90,

It appears Lonewolf is correct about the bid wall. And it is indeed down 30% from the Friday bid wall of a $1.33. Outstanding share count as of the 6K Friday after the close is approximately 16 million shares. The bid wall is a low risk calculation due to the fact that every single long is waaaaayyy under water thus no risk of profit taking. I think Lonewolf has this call nailed.....it is a high risk trade.
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