Here is a valid answer "Jon Mcdavid Reason why B
Post# of 56323
" Jon Mcdavid Reason why Bill posted this is because people sent him messages about Etrade calling non insider shareholders asking them to sell shares. Then the L2 showed this which Bill posts clearly shows a huge Ask on .08 that blocked the stock all day to go high er. The reason why they did this was to scare people to sell into the bid which as you can see is showing high at .0795. If you don't have L2 you don't see this so people sell their shares right into the Bid. Those buying on the bid that strong must be short since no new PR came out which is reason people on the boards are trying to scare you to sell into the bid to cover."