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Re: WhiteOwl post# 28800

Friday, 12/15/2017 11:11:45 AM

Friday, December 15, 2017 11:11:45 AM

Post# of 46505
I look at it personally from the bid/ask spread and volumes/ranges. For example, even if we hit .035 at one point in the day, a few blocks of 10,000 at .031 and .029 makes that .035 figure not mean much. But if we can get solid bid support (it seems to be coming and going), we can know for sure we aren't heading below .03.

Right now the ask is at .035 which I see as a good sign but there's a heavy block of almost 1M at .036.

We're settling back into the .033 range IMO.

Hard to argue with history.