Friday, January 20, 2023 7:11:24 PM
By the same token, shares on the offer represent 'Supply' ......if the Bid gets 'gobbled up' as you put it.....well that means there's a lot of guys wanting to sell......and if it gets hit when there's a LOT of bid support.......well that means whoever is wacking it has a shit ton of shares to unload.
In general, you can test for large sellers by putting 'bait' so to speak on the bid. Put up a nice chunk...and if it gets hit, you got a large seller.......the 'bait' has to be big enough to make it worthwhile for the seller to hit.
If the 'bait' isn't big enough, the seller won't hit it......cause he doesn't want to crash the price too hard.......he's waiting for a big enough buyer.....and then he'll wack to him.
Z
Recent GVSI News
- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration ZenaDrone 1000 • InvestorsHub NewsWire • 11/09/2023 01:00:34 PM
- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration ZenaDrone 1000 Extreme Weather Demo • InvestorsHub NewsWire • 11/07/2023 12:29:43 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM