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Re: Adjustedtosteep post# 67473

Tuesday, 05/21/2024 12:35:53 PM

Tuesday, May 21, 2024 12:35:53 PM

Post# of 67821
Do you have any idea why MMs pushed ask price so high yesterday with so little volume??

Does that mean there were no sell orders on the books between $.0179 and $.029?

In case you missed it here is the progression of all 6 trades yesterday that were executed at the ASK price:

#1 - $.0175
#2 - $.0175
#3 - $.0175
#4 - $.0179
#5 - $.029
#6 - $.029

All 6 trades were executed during a span of ~2 minutes. All of this trade data is from Fidelity Brokerage.

Disclaimer: Do not rely on my projections or opinions to make a buy or sell decision. Always do your own DD.