Replies to post #40890 on Sulja Bros. Building Supplies, Ltd (SLJB)

[stockprofit2023]

Yep....coordinated crosses at the bid happen all the time.......especially in situations like this.

[cdxx]

the big blocks actually stopped after the AM, because the MM's refused to move the price up and down again. They realized that someone else was accumulating at lows-of-the-day.

There were several big buys at 0.065, but this is considerably higher than their last several purchases.

i think MM's want to slow down the accumulation, inviting them to raise their bid instead. So it seems we established a new floor.