FYI on ASCM: ASCM is the most popular market ma
Post# of 85484
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Posted On: 05/14/2019 11:00:36 AM
FYI on ASCM:
ASCM is the most popular market maker for shorting stocks and to create a scare when they're in the ask and can be a resistance level. ASCM often appears on very volatile stocks that made a nice move and ASCM looks to short for the price per share correction. When ASCM appears on the bid side close to the price level it means they're covering their position. In order to cover they need to buy back the shares they shorted so it often provides an area of support.
ASCM has been on the inside Ask for most of the morning !! with a 10,000 block that is hiding the real amount of shares that it has to sell based on the times & sales action this morning.
CSTI has been sitting at .0398 with a block of 999,999 (probably fake) !! all morning ans has not moved.
Nothing can or will stop the Dr Dalton train which has already left the station and is picking up steam and slowly going faster and faster down the tracks !!!
ASCM is the most popular market maker for shorting stocks and to create a scare when they're in the ask and can be a resistance level. ASCM often appears on very volatile stocks that made a nice move and ASCM looks to short for the price per share correction. When ASCM appears on the bid side close to the price level it means they're covering their position. In order to cover they need to buy back the shares they shorted so it often provides an area of support.
ASCM has been on the inside Ask for most of the morning !! with a 10,000 block that is hiding the real amount of shares that it has to sell based on the times & sales action this morning.
CSTI has been sitting at .0398 with a block of 999,999 (probably fake) !! all morning ans has not moved.
Nothing can or will stop the Dr Dalton train which has already left the station and is picking up steam and slowly going faster and faster down the tracks !!!
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