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Posted On: 11/06/2020 1:23:06 PM
Post# of 72444

If I look at the whacky one day chart on ihub that shows the vol with the color coded bars along the bottom, there's been some strange trading activity over the last few days, weeks, months. I know longs here are used to it but I'm trying to relate what 4kids posts here and some of the trades that are happening today.
There are 5 red bars of between 40-50K shares from 11:30 to 12:30 today. During this period the stock price first dropped ~ 7.5% for the first trade and then remained flat for the subsequent 4 red bars.
To me, a sizable red bar should indicate selling pressure which would mean that the MM would bring the price down even more but it doesn't seem to be the case today.
4kids, I would like to better understand your posts ... this type of pattern that I've witnessed in the daily charts somewhat frequently may or may not be related to the points you have made here. But was curious to understand your take on the daily trading over the last few days and how anecdotes at the daily level connect to the broader thesis you've created regarding MM "management" of the IPIX stock price.
Thanks for any commentary or thoughts you can share.
There are 5 red bars of between 40-50K shares from 11:30 to 12:30 today. During this period the stock price first dropped ~ 7.5% for the first trade and then remained flat for the subsequent 4 red bars.
To me, a sizable red bar should indicate selling pressure which would mean that the MM would bring the price down even more but it doesn't seem to be the case today.
4kids, I would like to better understand your posts ... this type of pattern that I've witnessed in the daily charts somewhat frequently may or may not be related to the points you have made here. But was curious to understand your take on the daily trading over the last few days and how anecdotes at the daily level connect to the broader thesis you've created regarding MM "management" of the IPIX stock price.
Thanks for any commentary or thoughts you can share.


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