some really interesting things happening on L2 today
if NITE holds the inside @ .0004 and JEFF stays the F*CK off the ask this would seem very positive
Now, the question is - are these MMs rotating on and off the bid filling large orders or trying to shake shares for a cover..
what's even more interesting is the lack of selling pressure into the .0004 bid
would love to break through the wall @ .0005 but don't see it happening today without some serious demand for shares
last time JEFF left the ask and allowed for an uptick was last friday, the trading day before the dividend news....its also interesting that the day JEFF comes off the ask is the day after some powerful CMKX news...hmmmm
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.