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Re: tcld55 post# 3789

Thursday, 07/18/2019 1:25:58 PM

Thursday, July 18, 2019 1:25:58 PM

Post# of 5548
At this moment, since we haven't heard anything I have no clue what is driving the price. Purely technical with the MM's trying to make a market for BSEG after all this time.

I mean look at the monthly or yearly chart its looks like a base was found, and is now turning upwards technically speaking over long periods.

Another thought is there is only 50 million shares floating publicly. At this point there may not be that many shares available to sell if everyone is holding them tight.

Any purchases coming in could move the stock quite quickly.

The L2 is showing 0.02, 0.025, 0.03 and then 0.0734 which are huge gaps in quotes.

Granted im sure there are other hidden orders in there, but whatever the reason Ill take some up movements for a change.