Posted On: 08/01/2014 3:07:58 PM
Post# of 41414
Here is your answer:
I do not know why, but if you have been watching BLTA very carefully, you will see that around 11:15 the sellers start dropping down to meet the bids.
Maybe they are going to lunch and want to sell before they leave, maybe they are leaving work early (1/2 a day) - lol - I have no idea, but the pattern is there.
LOL...on Wed my wife had bids in from Tuesday at .025, and I thought they wouldn't get filled so she left them there. Low and behold, at around 11:30 a little over 3.5 million got filled....and then at the end of the day the fools out there let the rest get filled.
I don't know why, but that is the pattern.
Now.......another pattern for Friday: If the sellers are smart and hold today (which I believe they will, even though I can't imagine why they would be selling at this time in the first place) - we could see a run up after 3 PM.
Apparently, there are buyers out there who place their bids low in the hopes of getting them filled........but by 3 PM they start to get nervous. If the sellers hold strong, then the buyers will start slapping the ask at around 3:15......and we could easily see BLTA finish at or just above .03 today.........
I do not know why, but if you have been watching BLTA very carefully, you will see that around 11:15 the sellers start dropping down to meet the bids.
Maybe they are going to lunch and want to sell before they leave, maybe they are leaving work early (1/2 a day) - lol - I have no idea, but the pattern is there.
LOL...on Wed my wife had bids in from Tuesday at .025, and I thought they wouldn't get filled so she left them there. Low and behold, at around 11:30 a little over 3.5 million got filled....and then at the end of the day the fools out there let the rest get filled.
I don't know why, but that is the pattern.
Now.......another pattern for Friday: If the sellers are smart and hold today (which I believe they will, even though I can't imagine why they would be selling at this time in the first place) - we could see a run up after 3 PM.
Apparently, there are buyers out there who place their bids low in the hopes of getting them filled........but by 3 PM they start to get nervous. If the sellers hold strong, then the buyers will start slapping the ask at around 3:15......and we could easily see BLTA finish at or just above .03 today.........
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