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JaxTrader

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JaxTrader

Re: None

Thursday, 11/07/2019 12:58:29 PM

Thursday, November 07, 2019 12:58:29 PM

Post# of 26145
FYI: ASCM was not active yesterday.

ASCM is the most popular market maker for shorting penny stocks and create a scare when they're on the ask close to the current price level. ASCM often appears on very volatile stocks that made a nice move and ASCM looks to short for the price per share correction. When ASCM appears on the bid side close to the price level it means they’re covering their position. In order to cover they need to buy back the shares they shorted so it often provides an area of support.

Ascendiant Capital Markets LLC
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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