Replies to post #7714 on Can B Corp (CANB)

[cjstocksup]

I just got here so I did not see any trading yet today on level II I have not set it up yet but no stocks run without constant buying pressure on the ask. It looks like some of yesterdays low ball buyers decided to bid whack to bid sitters for some t 3 tick gains when we did not run. Those are not investors anyway and good riddens to them. I agree that massive bid support is important but not as important as the buying on the ask. No stocks run without buyers on the ask above.

The importance of supporting your investment with bids.

I know you’re not a fan of bidders, as you’ve preached the importance of buying the ask.

However, today bid support played a valuable role in pushing the price higher.

Bids are a great way to support an established position.

I hold a relatively sizable position and had a 200K share bid that I moved up several times in tandem with the rising share price.

It was not my intention to buy more, but rather use bids to support my established position and apply pressure in an indirect way.

If people have funds available, but aren’t necessarily looking to add more to their position, keep in mind the importance of supporting your current position with bid support during a bull run, as it plays just as valuable a role as slapping the ask.

Go CANB
Rec