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usmcallen

05/13/14 8:37 PM

#18169 RE: Summitgains #18168

It's MM manipulation if you ask me. If you watch the L2 throughout the day there were buys at the ask but the ask blocks didn't even change then they fill below ask and stack the ask at that level so it won't move and possibly induce selling. MMs can delay filling buys if they wanted to make investors inpatient. This can go on for a while if they wanted it too. If the buying pressure is super high they would have no choice but to let it go. Hopefully we maintain buying pressure because once it starts to die out shorters will jump in and try to bring it down which will make the MMs happy so they can fill the gaps. Just my opinion btw I've been trading for a while seen this kind of activity and worse. If we get news it can send us to a new level. Hopefully we get something soon.
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DiamondFire

05/14/14 12:22 AM

#18178 RE: Summitgains #18168

...wow good point - guys check out the Trades tab above under the Data Tools IHub tab for WDAS : i too have never seen so many buys and so little sells and we finish RED, lol:


http://ih.advfn.com/p.php?pid=trades&symbol=WDAS
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DiamondFire

05/14/14 12:26 AM

#18180 RE: Summitgains #18168

120 Trades today:

3,263,700 BUYS




184,922 SELLS


http://ih.advfn.com/p.php?pid=trades&symbol=WDAS



...and we finished down a couple percent: wow is all i can say, g!