The reason BEHL opens high is the mm selling yesterday's leftovers at a premium, then he drops to the bid and puts pressure all day, forcing buyers to hit the ask and sellers to settle for bid. I really doubt that any other than the mm makes much money in the trading of BEHL other than on large volume days, (20M +).
Sure, if you have a crystal ball it's easy to see where buying low and selling high makes sense and money.... but try to get a sell order filled at ask even in huge volume and you're waiting in line behind the market maker himself imo.
I have personally waited twenty minutes for a sell order to fill, half a penny below bid, (last year) and then when my order was filled, it never even showed up on L2. Never.
This one can't keep it up past 10:30, especially now that Monique is doing the pr's at 6:30 am. I guarantee, tho.. I sell my .004's for .006 and the shit will pop over a penny that day, two cents the next.
LoL
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