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Re: None

Tuesday, 08/21/2018 8:32:00 PM

Tuesday, August 21, 2018 8:32:00 PM

Post# of 68193
This was the first day in two and a half weeks that CDEL's large ask walls were broken repeatedly while some of their very large bids were not filled. They've been primarily in charge of the ask and bid for weeks, and keeping volatility fairly low, so it hasn't been worthwhile for retail to flip between the small CDEL spread that's bracketed the price range each day. This was the first day in weeks CDEL would have lost money shorting. They presumably cover all short positions before close, which makes me think we'll at least get into the high .007s and .008s tomorrow where they may again make some money naked shorting high and buying back at the lower end of the daily bids.