News Focus
News Focus
Followers 21
Posts 410
Boards Moderated 0
Alias Born 07/25/2022

Re: Smitty5150 post# 676952

Thursday, 03/07/2024 9:48:17 AM

Thursday, March 07, 2024 9:48:17 AM

Post# of 823750
I monitor trading very closely and I have observed different behavior for several days: when a buyer shows up with a bid of more than 10k shares, the market makers respond by putting an ask lower than the one displayed and this with a higher quantity to the buyer.
This is why the price of the stock does not rise despite the evidence that the MAA will be approved considering the results of phase III and the developments announced in the 10K.
My opinion is that market makers are trying to cover their short positions while waiting for the imminent approval.
The ferocity of paid bashers on this platform adds to my theory.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NWBO News