Posted On: 10/17/2016 5:33:25 PM
Post# of 75364
As far as I'm concerned neither one works well without liquidity, and you knew damn well what I meant when I said that the pps got ass pounded by "day traders" when it hit the radar on it's way to .32 and it's been worked by every little variation of that definition since.
Not only that genius, every time a PR draws attention there's more than enough liquidity for those traders who aren't flipping $50k at a time, and that's most of them judging by the block sizes. Day trading, whether defined by a pro like yourself or someone who knows what it is regardless, is EXACTLY what keeps this behaving as it has. MMs are right in it too, especially now.
The buying pressure is not far off at all now. I had planned on a few years for big price climb, but it'll be sooner than that now.
Not only that genius, every time a PR draws attention there's more than enough liquidity for those traders who aren't flipping $50k at a time, and that's most of them judging by the block sizes. Day trading, whether defined by a pro like yourself or someone who knows what it is regardless, is EXACTLY what keeps this behaving as it has. MMs are right in it too, especially now.
The buying pressure is not far off at all now. I had planned on a few years for big price climb, but it'll be sooner than that now.
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