what is really telling is what they do *show* on l2 ..
what is really telling is what they do *show* on l2 ..
that is why taking copies daily can *imo* prove revealing
when CANT isn't being *activated* for a reset .. CANT protects 30c
ETRF has shown 10000 @ .129c consistently ..
i asked a few of the longs i interact with regularly where they
expected NN to go when 5c was relo/d on the ask .. no one said 8c
(which is where NN went) .. all said 6c or 7c ..
reminder it was last September that the 52 week high went to 7c (on less
than 70000 in volume)
so i come back to what *volume* will be enough for CEs with the news of either
P2O's first sale and/or ancillary material events 8k'd
if VNDM has nothing behind their *visible* (previously elastic) ask @ 051
that leaves ECN for hire .. ARCA .. who does less than squat each month
and reports *every* trade re: ATS DARK POOL
and the *interchangeables* consistently utilized since 2010 and 2012
CSTI and CDEL (reminder CSTI imported to aid and abet NN in July 2010
and CDEL *shadowed* on PTOI for a year b4 *showing* volume in Sept 2012) are the ones left to *observe*
so .. with news .. watch to see what volume it takes to relo 5c/051 on ask
imo NN is already signaling the next level to protect is 10c
so the ? every has to ask themselves is how much *volume* picked off over
the last 3+ years (EO Dec 2013 .. PTOI compressed to 10c) mostly @ 10c
or below would be sold @ 10c?
most likely not much .. which is why tape of trades showing *resets* and
hidden mirrored trades .. proves so revealing .. yet again
which brings us to 20c .. which actually was mostly bypassed by the crooks
less than 1M in volume was done to break from low 30/s to upper teens
(again this is from memory .. but one reason why i remember this is because
i had a GTC that filled @ 19c)
so i have to ask yet again what gets sold @ 20c that was picked off from
Sept 30, 2013 .. when PTOI closed @ 35c and was taken on a trajectory
by NON RETAIL .. mostly straight down .. with one exception .. when CEs' almost
lost 20c (stopped out @ 19c) when P2O was issued multi year permits in
the summer of 2014 by NYSDEC
which of course our non promotional CEO shouted from the rafters .. NOT
the key PPS imo with 8ks' filed .. is 30c to 35c
but this is where *volume* becomes key .. will originals .. whose buy in price
isn't @ 35c .. sell out at 35c with a DA 8k'd or the implementation of an
internal sales/marketing team?
only they can answer that ? .. but i'm inclined to say no .. based on prior actions
i come back to the PPS range i do think sees *volume* and CEs' attentions
and that is 1.00 to 1.50 ..
with the caveat if they (CEs) can't source enough volume % wise b4 that 1.50 line in the sand
then it breaks
and it breaks in a manner that will be talked about for years
again PTOI has been illegally manipulated for almost 9 years and that piper
is coming due with P2O's first sale
4kids
1
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