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Re: usma1992 post# 1709

Wednesday, 01/03/2018 4:38:33 PM

Wednesday, January 03, 2018 4:38:33 PM

Post# of 15647
The last month or so that we have shown an increase in volume, we have had VNDM on the ask in slot 1 with 10k blocks.

Last week we had them from 5xx,xxx down to 3xx,xxx in real time as orders were filled.

That was the first time I had seen block sizes of that size correlating with VNDM and decreasing as volume increased.

Since then they have been staying off the ask. This leads me to believe they had a ton of shares and were working as the agent for something (conversion, allocation etc.. someone correct me if I’m wrong)

Seems now that the bigger attributers to volume have since backed away, the trading has been healthier and more honest.

Even today, the ask prices and amounts were varying from what the MMs were showing on level 2. Context clues tell me that the shares being traded today were honest and not being “manipulated” by MMs the entire time.

From my limited understanding, it seems that VNDM has done whatever job they were supposed to do, and are now working on their shares, meaning they are not trying as hard to kill the growth. Evident by them being at .031 for two days, and hiding their share size again.

I could be completely wrong here, but that’s the way I’m taking it.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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