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peterpanwasjusthere

02/19/21 1:47 PM

#23217 RE: peterpanwasjusthere #23215

Approx 60k shares traded in the past 20 minutes and the games (at least for now) which have persisted with the offer order book appear to have subsided. We may be reaching a point given the low float where if you want
IQST stock you're going to have to pay up for it rather than opportunistically pick off shares when sellers trim their low cost basis holdings or shorts dump bundles of shares and aggressively push the price down.

GLTALs
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Knux

02/19/21 5:39 PM

#23235 RE: peterpanwasjusthere #23215

peterpanwasjustthere, I'm so glad that someone else is constantly watching the books as I have been for quite some time now. You're exactly right in your observations, and as I said I've caught on to this happening since mid January. I consider this analysis way more important than chart analysis in these young companies during times of momentum. You get to see when big fish start coming in, and we've gotten some very large ones on board now.

Institutions spending these types of resources on our beloved IQST book means they are trying to stabilize the price, and accumulate shares for themselves. While it's indeed frustrating in the short term, it's great in the long term. Once our volume increases substantially, and it will very soon, the salivating shorts will stop showing up every day. I don't mind them anymore because I know these same institutions also won't let the price go too low, and will help everyone buy up these dips fairly quickly.