watch to see if it's a signal that conveys to *vol
Post# of 72440
1.8M ~
it is quite possible it's nothing .. it's equally possible it's a pre mkt signal
for those who want to learn about which MMs and ECNs *show* vs being *active*
on IPIX .. April 2019 MM Monthly is out
there were 8 in total who were active last month
the top 3 did 85.77% of IPIX's volume of 8,643,366 (note the consistent overlap of 8M~)
https://otce.finra.org/otce/marketStatistics/...hareVolume
the reason why this matters .. is because of all the decoys in play .. on RT l2
in April 2019 .. MM PAUL was 5th out of 8 @ 447,380 or 5.18%
LAFC (another decoy imo) was 8th out of 8 @ 9,200 or 0.11%
you can start to see why NR (non retail) threw everything they could recently
to prevent any *uncontrolled* take up .. and imo NR has come close to losing
IPIX at least 3x in the last 2 days
NR took a gamble beginning on 9.12.18 to *BRUTALIZE* IPIX .. and it only worked on one level .. NR relentlessly compressed the stock whose 52 week
had been *reset* to 5805c on 9.7.18
this is why the 55M~ pumped thru the last 4 months of 2018 matter .. most of it was totally bogus
now granted it's pre mkt .. but note the first 5 on IPIX's B/A ..
reminder for years now the only *MMs* that matter specific to IPIX are CDEL/ETRF & NITE
IPIX Pre Mkt 5.8.19
ASCM 0.41 2,500 09:01
NITE 0.41 2,500 09:20
CANT 0.405 2,500 09:11
PUMA 0.40 2,500 08:17
LAFC 0.40 2,500 09:21
CFGN 0.42 2,500 08:10
ASCM 0.428 2,500 08:10
CSTI 0.428 2,500 08:47
CANT 0.428 2,500 09:11
LAFC 0.43 2,500 09:2
4kids
That's just a T-trade , meaning basically a share swap between MMs.
MEANS SQUAT to retail investors. Wait for the REAL TRADING to begin at 9:30 EST