Monday, May 11, 2026 4:51:04 PM
Anyone saw around 7M shares on the ask on level II, end of day. Thought might have been a glitch on my level II but yahoo EOD quote shows it too:
Bid
0.3200 x 820000
Ask
0.4000 x 6708400
Obviously, this was not someone trying to spoof/cap the price. With the ADV of this stock you need far less shares to do that.
My interpretation. Extremely bullish signal. MM(s) getting ready for imminent huge volume uptick! and price control. Still can't explain why the order became live but they could have been testing it right before market close, getting ready for tomorrow!
Disclaimer: I could be100% wrong! We will know tomorrow or by the end of this trading week for sure!
Bid
0.3200 x 820000
Ask
0.4000 x 6708400
Obviously, this was not someone trying to spoof/cap the price. With the ADV of this stock you need far less shares to do that.
My interpretation. Extremely bullish signal. MM(s) getting ready for imminent huge volume uptick! and price control. Still can't explain why the order became live but they could have been testing it right before market close, getting ready for tomorrow!
Disclaimer: I could be100% wrong! We will know tomorrow or by the end of this trading week for sure!
Recent TGLO News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/05/2025 09:51:03 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2025 07:30:16 PM
