Thursday, July 12, 2012 10:45:07 AM
MM "AABA" has LQMT "boxed in" with equal sized lots on both the bid and the ask. (5,000 each) AABA is a notorious shorter. Everytime I've seen this, it has destroyed the MOMO.
Doesn't look like LQMT will break out today...you can buy all you want today below .30, thanks to AABA. Those 5K lots are "invisible" and do not show the true size or level of the demand. They refresh in equal 5K lots every time a purchase is made at the ASK.
One note: if the demand breaks through this game, and LQMT breaks above .30... LOAD.. THE.. FLIPPIN' BOAT!!
--22 OUT!
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