Does anyone look at the market depth report (level
Post# of 706
Does anyone look at the market depth report (level 2)? I've noticed someone or more than one person is trying to keep the share price from moving north. Everyday, someone would put nearly 4 million shares up for shell at around .0009 then pulls out of the day sell order. Moreover, it's always a petite amount of shares being sold at the end of the day.
Why the hell would anyone do that? You lose money on the commission. Think about it. If he or she would just cancel the order. The supply in shares in these prices will become scarce. When someone buys up the shares raising the price, he or she can then sell it and make more than a 100%. I'm lost for words to the incompetence of some investors and traders of WRIT.