Read much, numbnuts? This is just another example
Post# of 40989
When CFGN/LAM is actually dumping shares - as evidenced by the AVG trades - while NOT sitting at low offer on the ASK, the smart thing to do is put up bids for them to dump to. This, rather than slapping the low offers from those who try to "shame" others into buying their flipping shares at the ASK.
I've bought millions off the ASK over the past several weeks, when it was POSSIBLE that it would help. When I saw CFGN on low offer, you BET I slapped - until some decided to undercut, dump and then block for cheap buys off the bid.
We saw AVG trades once again yesterday (2.25M) and the day before (5M). When I see CFGN dumping like that - and CFGN is NOT the low offer - yes, I keep orders laddered from high bid on down. Yesterday I replenished the 15's multiple times and picked up over 3M shares at 15.
CFGN has been the diluter. In order to deplete LAM's shares from CFGN - when other undercut CFGN on the ASK - it's best to put up large bids for CFGN to dump to. The faster LAM is out of shares, the sooner the reversal and recovery.
Ah, but you already know all of this. I just thought I'd explain more clearly for those who may not notice what's going on... since you brought up the subject. Still, nice to see you taking an interest and working to rally up support now that the price is back in your "wheel house". I have an idea pot-calling-kettle-black, why don't you post your ASK-slapping orders from the past 3 weeks and show us all how many millions you picked up on the ASK.
Not worried about you, though, I think most here already have your number. Post history tells the story clearly enough.