Flip Flap, If you don’t mind, what was the Bid share price on those 52mil and What time was that order? Are you positive that was GSPE? Just asking because that is so unusual for a penny stock.
Haven’t heard from you in a while on the board. Good to hear from you.
If that was at 09:38 it may have been a data glitch
520k shares traded in a block and the .079 bid dropped
Can you check where CDEL was on the offer in your screen shot?
It seems that Citadel has been hosing every rally and has a near endless supply to sell
A friend who was a market maker for years commented on a situation like this during a previous market downturn, that MMs are sometimes stuck trying to unload huge blocks from clients forced into liquidation of some accounts due to being over leveraged and getting hit with a margin call
I think that could be an explanation for a big part of the supply of shares on the offer
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