United Energy Corp (UNRG)

[PNKBULLSHT]

$UNRG some covering taking place!!

Nice link, thanks for sharing

Retail Market Makers:
NITE:
CDEL:
ETRF:
ATDF:

DetailsThe market makers such as NITE, CDEL, ETF, ATDF will appear on the bid and theask and their irrelevant because they’re only retail.Institutional

Market Makers:
LAMP:
PUMA:
FANC:
BKMN:
CANT:

Details:-Seeing these market makers appear on the bid side near current price levels is agood indicator. They’ll provide support for the stock and often “declare a bottom”.-Seeing them on the ask side isn’t the greatest indicator because they’re known forowning a large sum of shares so the price level they appear on the ask at can be aresistance level.

Short:ASCM:

Details:ASCM is the most popular market maker for shorting penny stocks and create ascare when their on the ask close to the current price level. ASCM often appears on very volitate 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