Current Level 2 Bid and Asks.....
Let me begin by affirming this is just a theory....
I think NITE is profounding short on this stock. They have been the inside bid ask for the last couple of days.
Usually, when I place an order on Ameritrade if I am buying or selling enough shares (5000 shares below 51 cents and 2500 between 51 and $1.00, my bid or ask shows up on level two.
However, today when I tried to buy some shares this morning and make my bid the highest by a penny, a nickel, even a dime, my bid was not reflected. I think this is because NITE doesn't want someone else catching stock at these levels. PLUS now NITE is sitting at $1.01 which only requires them to sell 500 shares if someone reaches up to buy them. Hmmm.
Personally, I'm hoping for the anticipated Medico news and roll-out by the end of next week. Isn't that what a previous press release stated? Plus the end of the month is when brokerage firms and traders have to balance their books and disclose short positions. Should make for some interesting trading.
What do you think about that Dudorama??
