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Penny Great2000

03/03/17 3:39 PM

#23699 RE: CHS1 #23698

CHS1
Can you please explain what you mean with cdel?
Thanks in advance
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RadioSilent

03/03/17 4:20 PM

#23707 RE: CHS1 #23698

AGAIN CDEL IS DUMPING THIS BACK DOWN


Looking back at the tape, I see very little that looks like dumping. Nothing that approaches what we were seeing 30 - 90 days ago.

The smaller volumes of rapid-fire selling look to me like sporadic, VERY-small scale toxic bill paying. At 2:14 EST, for example, there were 1.7m shares @ .0015. That's probably someone that MYDX owed $1,750, so they were issued stock that netted out to $2,550. Nothing major, and certainly not hundreds of thousands of dollars of toxic stock that will drive this down to trips. It'll take a little while to get these smaller bills converted, but they are just background noise at this point. Of the 75m shares that traded today the toxics were a tiny, tiny percentage. And after a bump like today I think that if there were many out there, quite a few would have taken advantage of the higher PPS and converted.

Just my opinion.