Resonate Blends Inc (KOAN)

[shajandr]

All one can see is what the MMs post, one cannot know WHO is buying or selling based on L2.

The ONLY way to do that is to have the blue sheets, which are nott available.

The MOST one can do from L2 is to GUESS. And MMs are experts at fooling those who THINK they can figger ~OUTT from L2 who is buying or selling and what the trends are. MMs post large bids and asks and then PULL them before they can be hitt. There are all kinds of trix to fool those who THINK they can extract such info from L2.

In fack, that's why one sometimes sees tiny trades of 23 shares or 119 shares or 911 shares - it's when one MM is testing another MM's bid or ask to see if it's real or a fake - so they hitt it for a tiny amount and see if their minimal order fills - if it doesn't, it was a fake bid or ask put up for SHOW.

And wiff~OUTT the blue sheets there is ABSOLUTELY no way for any retail pennyplayer to know what party is selling or buying through simply looking at L2.

One can guess, butt it's as good as reading a palm or tea leaves.