NITE stacking ask .0315 711,000

It is a little before 11:00 and NITE stacked the ask at .0315. I am guessing that this is all for show and if they are hit with meaningful volume they will back off. They just moved to .0309. They are likely trying to position for another attack in the lunch hour where they try and take out the 3's like they did yesterday.

This should tempt CDEL to buy out the ask in a big chunk to call NITE's bluff, given that CDEL bought at least 800K at .0335 earlier this week.

*****UPDATE*****

11:00 Looks like they are starting their bear raid early. They cleared out the 3's on bid and NITE is restacking ask at .03. CDEL needs to wake up and buy out ask.