That big bid makes me think that CDEL wants to buy
Post# of 72440
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Posted On: 01/04/2017 10:24:54 AM
Re: NotRichYet2 #29932
That big bid makes me think that CDEL wants to buy, and that the big offer at 1.21 might be swiftly withdrawn if someone came in wanting to buy at 1.21. We saw that happen yesterday, when they had a big ask that disappeared when buyers came in.
In other words, I think that the positivity elsewhere means that some of the trading gangs have covered their shorts and gone long, but the CDEL action means that someone still wants/needs to buy.
We also know that "they" read this board, so expect a change in the bid/ask numbers real soon
In other words, I think that the positivity elsewhere means that some of the trading gangs have covered their shorts and gone long, but the CDEL action means that someone still wants/needs to buy.
We also know that "they" read this board, so expect a change in the bid/ask numbers real soon
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