Global Developments Inc (GDVM)

[John Kent]

This is the current L2




VERT and other MMs are working hard to fill for shares. They can make you pull your hair out more often than now. You see them on the high bid but also on the high ask giving it a bit of a spread trying to box the action in.

Everytime a buyer steps up the move up advertising an increasing bid amount in some case

Their goal is to accomplish one of two things:

-Either accumulating ahead of an anticipated public event

-Short covering before a possible move to the upside.

Either way this battle can last a while but watch L2 this will be very obvious to the keen eye on a daily basis