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Re: DatDude post# 11265

Monday, 02/08/2021 10:03:15 AM

Monday, February 08, 2021 10:03:15 AM

Post# of 14955
It was quite obvious to me that the shares we're going to pop immediately this morning. Those astute may have noticed that last Friday's close was a bid of .24 and an ask price of .39. Why such a big spread between the bid and ask? Market makers anticipated a rise on Monday as they had few shares in inventory, and with the growing demand, hence the high offer price in relationship to the bid. Now that trading has begun this morning, the spread has tightened, as would be expected. So that was the tip off, and your article, helps confirm this imbalance that now exists in buy orders over sell orders. GLTU Dude.