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Posted On: 04/02/2019 12:44:08 PM
Post# of 32715
I think what you are seeing now is what Canadiantrader spoke about a while ago. Look at L2 and all you see is 100 share Ask.
Those longs that held and accumulated more aren't going to sell a day or two before uplisting. Why in the world would they?
Add to that you have traders sitting on the sidelines hoping for an entry point. Whose shares are they going to buy? Not mine.
Pivotal week as Rory said. You have majority of shares in long hands and adding to that a number of institutions that have a track record of holding for years with potentially more institutional investors coming in after uplist.
Everything is in front of us including all the new product releases and announcing some of the new customers they signed up. Remember, they have held back on PRing any of them.
Those longs that held and accumulated more aren't going to sell a day or two before uplisting. Why in the world would they?
Add to that you have traders sitting on the sidelines hoping for an entry point. Whose shares are they going to buy? Not mine.
Pivotal week as Rory said. You have majority of shares in long hands and adding to that a number of institutions that have a track record of holding for years with potentially more institutional investors coming in after uplist.
Everything is in front of us including all the new product releases and announcing some of the new customers they signed up. Remember, they have held back on PRing any of them.
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