(Total Views: 193)
Posted On: 06/20/2019 11:39:15 AM
Post# of 86194
Re: mikeyt1818 #9836
The selling continues - 750k just sold at .012 at 11:30am !!
We are flushing out all the weak, meek and impatient !!
Based on L2 - this is all retail selling as traders are "giving up" and moving on.
Volume is only 3,67 mil - so some traders have merely moved on to other opportunities or merely taken small profits as so many shares have been traded above .01 over the last 3 weeks.
It is also possible that MM's just decided to take out all the "stop limit" sells - if that is the case, the price will move back up once all the "stop limit" sells are cleared out.
We are flushing out all the weak, meek and impatient !!
Based on L2 - this is all retail selling as traders are "giving up" and moving on.
Volume is only 3,67 mil - so some traders have merely moved on to other opportunities or merely taken small profits as so many shares have been traded above .01 over the last 3 weeks.
It is also possible that MM's just decided to take out all the "stop limit" sells - if that is the case, the price will move back up once all the "stop limit" sells are cleared out.
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