From the times I've watched it on L2 over the last
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Posted On: 04/20/2020 10:50:43 AM
From the times I've watched it on L2 over the last few weeks....and it hasn't been every day....I see more bidders now than there have been. Volume doesn't come in because of the big spread IMO. Everyone on the bid wants a bargain and everyone on the ask doesn't want to sell to someone for a bargain. So the bids keep upticking until one gets high enough that it gets whacked.
Now there is a .01 bid over a .0082 bid, and a .0229 offer. Two weeks ago there was a .0063 bid and a .0099 offer.
It's all open to personal interpretation of course, but the way I see it, it's been gaining interest, even though the volume is low. Unless someone sells a big chunk into the bid, it looks like the sellers have the advantage right now.
If anyone is wondering, we are talking about Altavoz.
Now there is a .01 bid over a .0082 bid, and a .0229 offer. Two weeks ago there was a .0063 bid and a .0099 offer.
It's all open to personal interpretation of course, but the way I see it, it's been gaining interest, even though the volume is low. Unless someone sells a big chunk into the bid, it looks like the sellers have the advantage right now.
If anyone is wondering, we are talking about Altavoz.
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