Michelex Corp (fka MLXO)

[Johnson36]

i've watched the L2 like a hawk when i bought in at 8's. the day i bought in everything looked fine to me at first. there was a moment where no one was buying or selling and the bid hit .005. then someone sold at 7s. what happened? the person that sold didnt sell all thier shares and thus their order was put on the ask. that order finally got sold and then someone else sold at 6s and what happened? only part of that order was bought so that order was placed at the ask until it was sold. bidwhackers walked the PPS down to .005s where it was going to end up the day i bought in. a lot of people bought in at 8s and were pissed off at how this thing performed after the stupid fat finger or painter or whatever you want to call him. thus we are now trading below the 200SDMA and i believe this is where she gets competitive for shares.
(context of this was a over view, would be a waste of my time to discrbe things to a greate detail)
also not that a order that wasnt filled when they hit the ask goes on the bid, what that done was hid the bid stack at .005. we were getting lower lows and lower highs, so the bid was able to be walked down/hidden until we got the the 5 range.

just my thoughts