AI
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Friday, August 16, 2013 11:22:20 AM
BTIG doesn't appear to be actively trading the stock. Sitting at .0001 bid and .2695 ask.
Those 6 MM's siting at .0001 bid are not actively trading the stock, nor are the ones "advertising" above $1 (just parked there).
Active MM's at the moment are BMAK and VNDM who are both likely "finance" MM's (though BMAK is mostly a one-tick flipper in either direction), plus the usual retail MM's CSTI, NITE, ETRF, etc.
Chart is the thing to watch. It's now trying the 50-DMA a third time for support, which is a challenge. If it can't hold the 50, then it is likely going to test lower bollie (currently around .005).
Those 6 MM's siting at .0001 bid are not actively trading the stock, nor are the ones "advertising" above $1 (just parked there).
Active MM's at the moment are BMAK and VNDM who are both likely "finance" MM's (though BMAK is mostly a one-tick flipper in either direction), plus the usual retail MM's CSTI, NITE, ETRF, etc.
Chart is the thing to watch. It's now trying the 50-DMA a third time for support, which is a challenge. If it can't hold the 50, then it is likely going to test lower bollie (currently around .005).
I am not a promoter or professional stock trader. I'm a regular guy who enjoys stock trading to make (or lose) a few dollars. I am only responsible for my own trading foibles, not yours...do your own DD.
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