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Alias Born | 12/31/2016 |
Tuesday, December 01, 2020 3:27:39 PM
IMO this will never trade "normal" if volume comes in. It will be extremely whippy and volatile regardless of direction.
Look at the few small trades recently and how few shares it took to move it pennies+ in one slap.
Imagine if a news event generated just 20 new investors, all who wanted around 100k shares. L2 looks like we'd be well over $5 if 2M of volume came in right now. That would be extreme without a news event, but definitely a plausible scenario when the next event happens.
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