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Re: redshirt8 post# 59412

Wednesday, 05/30/2012 10:35:56 AM

Wednesday, May 30, 2012 10:35:56 AM

Post# of 119177
I saw and have level 2
Bid was at 44 for quite a while for 50,000 shares

Next bid at that time was at 40 for a few million shares.

Sequence that followed:
50,000 bid wack at 44, dropped the bid to 40
9 minutes later, 20k bid wack at 40.

You honestly think that was a long?


Someone knew bid wacking at 44k would drop the weak bid and then another short protector, 9 minutes later but it a 20k bid wack at 40 to create that " 15% daily loss"

after that, shares of like 20-50k shares like 4 or 5 times bid wack at 40.

I respect your opinion but I do disagree