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Posted On: 04/18/2017 11:45:16 AM
Post# of 41414
Re: 10yearslong #32912
Yeah. It's an interesting strategy right? It is used from time to time in penny land
The concept is simple. - build an artificial ceiling that is not likely to come down in one trade and create a false sense of panic to those thinking of selling and scaring them into selling below that ceiling. All the while picking up shares for yourself and control the B/A to build your stack....
The risk is you lose your whole ceiling by someone who scoops and the B/A goes up. That sucks...
Who knows if that is what this is - but some solid hits at the ask will Tell the story....
The concept is simple. - build an artificial ceiling that is not likely to come down in one trade and create a false sense of panic to those thinking of selling and scaring them into selling below that ceiling. All the while picking up shares for yourself and control the B/A to build your stack....
The risk is you lose your whole ceiling by someone who scoops and the B/A goes up. That sucks...
Who knows if that is what this is - but some solid hits at the ask will Tell the story....
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