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Wednesday, June 12, 2024 5:49:04 PM
It is 2500 shares today.
I've posted on several occasions that when I see 2,500 shares (on the bid or ask) it usually means there are a lot more then 2,500 shares at that price to move the needle...
For example, I've seen 2,500 shares at let's say .47...You will see close to 100,000 shares hit the ask at .47 price before the price moves higher...the same on the bid....
My conclusion....The MMs (or their computers) are telling each other there are more shares then what is being indicated...It occasionally happens with 2,200 shares...It's collusion in my book...they do it all the time.
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