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Re: samplescave post# 44344

Wednesday, 04/08/2020 12:14:01 PM

Wednesday, April 08, 2020 12:14:01 PM

Post# of 72924
Listen buddy,
I watch the live trades on Think or Swim often with ALPP and today is another perfect example of stock manipulation. We’ve had 330k buys to 4k sells yet we are red and the ask is lower than where we started today...not sure if you are new to the otc but this is classic MM’s grabbing shares pushing share price lower by loading ask and dropping it lower over time. We do have buying pressure, the AccDist ratio is above 58million for the past 6 months (thats tons of money goin in versus out) and the VolDist ratio is above 500. The reason for the low pps is small sells on the bid and wide spread. This allows for a drop in share price and then the MM’s adjust the ask lower and repeat and repeat. ALPP will recover and rebound, it just needs a catalyst to move (10-k) so the influx of high volume can push past the MM’s ask switches. Not sure what reason we have to be down here when the company is very transparent, most other otc’s recently being pumped don’t even have revenue and have billions in AS and have toxic debt with no care for shareholders. I’m not saying ALPP is the perfect company but we do not deserve to be this low... This is coming from someone who trades mostly midcap and options now a days, but ALPP will rebound very high in the comings months - its inevitable.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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