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Re: DD_dempsey post# 1156

Tuesday, 01/09/2018 9:02:08 AM

Tuesday, January 09, 2018 9:02:08 AM

Post# of 1370
Bingo! When I first started trading this on Dec 22, DLNY was the one bidding it up and driving the price up. Now I'm seeing the same pattern with ARCA. The only reason it's not moving now like it did back then is because there is less volume.

As far as I'm concerned, ARCA is a sure sign of a big buyer. ARCA is an ECN, and the last time I checked they charge retail traders $.01 per share to use it. So seeing ARCA on an OTC stock we can be 99.999% sure it's a MM or institutional buyer.

*Trade Architect users: ARCA does not display on Ameritrade Trade Architect! When I have $LBTD on both TA and Etrade Pro at the same time he's not there on TA! His price doesn't even show up on the L1 quote. ET Pro, not an issue at all.

I have called TDA about this and they basically say "yeah, too bad, we're not going to fix it".



I post facts and opinions, not investment advice.
Please conduct your own DD and trade responsibly.