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Monday, September 26, 2022 11:01:32 AM
If you take a look at the SMA's for the 30 time period you should notice that .00065 is right at the 5 and BELOW the 10, 20 and 50. What is the significance? No computer generated 'alerts' for buys so they (the MM's) do not have to deal with increased buying pressure... which in turn makes it easier for them to keep it trending down. This is one way you can tell that they are not going to release this any time soon.
You should also take notice that the ASK sizes do not change much when this happens, but you might see about the same size now put on the BID. Also notice which MM's are doing this consistanly?
For those that really love to blame everything on the CEO and company, I would just point out that if it was the CEO doing this he would want to be filled @ .0007 and not .00065. I do not even think that he has the ability to ask for fills in between the BID and ASK. This is ALL MM market manipulation and they do it out in the open everyday. The ASK should have been gone by now to .0008. If that would have happened, we would have seen a slew of new buy orders.
The only thing that is going to make them not do this, is for 'large' orders to hit the ASK consistantly...IMO.
Do you not just love the real crooks?
SM
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