ASCM just backed off both the inside of the Ask an
Post# of 85530
Lets see how long this lasts !!
3.25 hrs left of today's trading
Volume is only 6,5 mil so far - the last 90 minutes could get very interesting as except for ASCM who hide the quantity of shares behind the "generic" block of 10,000 the rest of L2 on the Ask in incredibly thin !!
Bid support is growing !!
Perhaps we will need to fasten our seat belts into the close.
My Opinion:
The price went up from the low .002's so fast that many were caught without shares and hence they went to the trading "mafia" to help push and hold the price down for this week which explains the trading we have seen this week. It was very frustrating for us - however we did not "bend nor break" and did "not get shaken".
The power of the basher's has been taken away and so they needed the "heavy canons"
I have long held that Fri ah's or Mon ah's is the ideal time to release filings as we need "all night" to read them and therefore as opposed to filings before the market opens which does not give us enough time.
We are so so close !!