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Re: cybermich post# 32447

Friday, 07/09/2021 1:16:41 PM

Friday, July 09, 2021 1:16:41 PM

Post# of 50444
Over the past few months, a person or group has consistently put in sizeable sell orders below the diluting MM. The BIDs have moved very fast from BID to ASK. The MMs are merely trying to make some commission and will walk down the pps to reach a large BID. This scenario really lowers the pps and often creates a 3-tick spread or so. This is where the L2 is now. I think somebody could get about two million shares at .0036 right now. If the MMs weren't moving BIDs to the ASK so fast, the L2 would probably be BID .0040 and ASK .0041 and we would have great BID support. We are stuck in this cycle until volume increases which won't happen until the Aria deal closes and in the future, when the financials show how undervalued $GRST is. If there is any good news about this funk we are in it is: flippers aren't hanging around in droves.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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