Replies to post #110690 on Xechem International Inc. (fka XKEM)

[J-RO]

BDB & Eddie: One more thing to add to what BDB mentioned.

By using L2, MMs have been moving this stock in a VERY predictable pattern, they hold the gap wide, and inch the ask down, when they try to shake. Watch for when this happens, once you see this, wait for the spread to be within one tick, then volume should roll in as expected. Also, watch for the MMs to change/take turns after the spread narrows, when this occurs, we go up, most of the time.

Be smart with the spread. Use it to your advantage. By reading the tapes from the past few days, its very evident how they are moving this.