btw i should have noted the obvious .. that 300 @ ask is elastic .. aka it didn't adjust off the size visible on ask by CSTI (or CDEL)

imo usually * elastic = abusive *
imo usually * hidden = CEs' reset * (not always as there are some longs who do use AONs)

re: l2 ..

this was EOD yesterday .. l2 ask .. note it's CSTI and NN

 
 CSTI 0.0495 20648 13:15 
 
NITE 0.0495 10000 10/06 
 
 

this is today's .. l2 ask .. note the change out of NN to CDEL @ 0495 and 648 ( NC )

 
 CDEL 0.0495 20648 09:30 
 
CSTI 0.0495 10000 08:30 
 
 
 
VNDM 0.051 10000 10/10 
 
NITE 0.051 10000 08:59 
 
 

that is one reason why i suspect signal .. imo EOD yesterday entity was
seeking 24000 to 48000 .. (300 may well mean 30000) .. they need to
take out the *legit* bid @ 046 b4 they can work PTOI *lower* .. just me
but i have zero doubts there are *legit* bids from 04 to 046 .. not *visible*
to retail ..

just a reminder .. on the 13th .. PTOI (stock) 52 week begins to *compress*
significantly lower .. on the 14th .. it will be 6 weeks and counting down
for *on or b4* DA agreement between P2O (company) and their first buyer

as noted by mgmt in their last 8k filed ..

Quote:

---

The “Definitive Agreement” is to be executed on or before November 25, 2016 , with a subsequent date of closing (the “Closing Date”), to be mutually agreed to by Plastic2Oil, Inc. and the Southern US Company.

On August 24, 2016 , an additional $100,000 was received from investors from the sale of secured promissory notes in the previously disclosed private placement.

---

https://www.sec.gov/Archives/edgar/data/13811...orm8-k.htm

YOY comps ..