Ruby. Nobody was making money on the days it was trading between 1 and 2. Many people sat on the bid at 1 and NEVER got hit. Same goes for today. People may have gotten in on the bid at 2 but there is over a half a billion at 3 on the ask. You don’t just slide to the front of the line there.
You keep saying this over and over but nobody is making money on these intraday moves.
People who got in here at 2 will need to see 3 on the bid to make any money. And we are a long way from there.
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