$STLT update, shares on sale right now, don\'t miss this last
Post# of 88926
(Total Views: 55)
Posted On: 01/09/2018 11:30:28 AM
Just finished looking at the trade by trade list for this morning on $SGSIF
13 trades went off in under 3 minutes, that was most of the volume.
Looks like an MM computer algorithm flipped shares back and forth and took out some stop loss sell orders (weak hands) by moving the prices down first, then filled higher bid orders, back and forth.
Real retail trading is not that fast!!! 13 trades on 180 seconds!!! That is about 14 seconds per trade. Most retail folks do not even have L-2, their data streams are 20 minutes late with data. Even I-hub L-2 is not that fast, in fact it is slow, some times 1-2 minutes late and lately not even accurate on the true best bid and ask (some kind of data issue with OTC data).
So it looks like the MMs were short selling the last few days, and just did an MM maneuver to cover, trip trade fees and spike the volume.
We have seen this before on the way up in this rally and others.
There are and were no toxic MMs anywhere near the bid or ask, nothing but retail MMs. And SGSIF can not issue shares while they are about to have a stock holders meeting next month to move the parent to Nevada!!!!
Grab these cheap deals before they are gone folks!!! I did!!!
13 trades went off in under 3 minutes, that was most of the volume.
Looks like an MM computer algorithm flipped shares back and forth and took out some stop loss sell orders (weak hands) by moving the prices down first, then filled higher bid orders, back and forth.
Real retail trading is not that fast!!! 13 trades on 180 seconds!!! That is about 14 seconds per trade. Most retail folks do not even have L-2, their data streams are 20 minutes late with data. Even I-hub L-2 is not that fast, in fact it is slow, some times 1-2 minutes late and lately not even accurate on the true best bid and ask (some kind of data issue with OTC data).
So it looks like the MMs were short selling the last few days, and just did an MM maneuver to cover, trip trade fees and spike the volume.
We have seen this before on the way up in this rally and others.
There are and were no toxic MMs anywhere near the bid or ask, nothing but retail MMs. And SGSIF can not issue shares while they are about to have a stock holders meeting next month to move the parent to Nevada!!!!
Grab these cheap deals before they are gone folks!!! I did!!!
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