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BefallenKnight

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BefallenKnight

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Friday, 07/19/2019 12:48:27 PM

Friday, July 19, 2019 12:48:27 PM

Post# of 32302
Funny trading action with VAPE
So I’ve been following VAPE for a few weeks, watching L2 and there is some peculiar action here. Someone is making small 20k share purchases for $25 in what looks like an effort to paint VAPE above triple zeros. A massive 17mm ask wall gets thrown up the second it looks like VAPE may breakout. The buys are clearly not heavy accumulation because if someone really wanted to buy a boatload there are millions of shares available.

Why keep painting the tape here? Why not just let it slide? Maybe it is insiders dumping in small lots to keep their holdings from crashing but it sure would take a long time to recoup debentures at $25 a pop
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