Experienced Trader* jseps0036 Thursday, 06/17
Post# of 11036
(Total Views: 287)
Posted On: 06/17/2021 11:00:42 AM
Experienced Trader*
jseps0036 Thursday, 06/17/21 10:50:40 AM
Re: NewBornTrade post# 50353 0
Post #
50354
of 50354
Volume and interest? Over 43M shares were traded yesterday. So there is your volume. As for interest...somebody had to be soaking those shares up and holding support. I couldn't care less if retail joes putting 1-2K into this are interested. Market makers will also factor into this. They had the available inventory of shares to keep selling into the demand over the past few weeks. However, they would have been establishing their own net short position during that period. There is a high probability that a controlling market maker nose dived the price yesterday in order to cover that short position at a profit. Using logic, that means they now have significant inventory of shares again, meaning they are net long. We have news pending, which will be the justification to start marking price up again and then eventually selling into the liquidity that retail will provide as they chase this thing upward on presumably good news.
https://investorshub.advfn.com/boards/read_ms...=164441039
$13
$CRGP
jseps0036 Thursday, 06/17/21 10:50:40 AM
Re: NewBornTrade post# 50353 0
Post #
50354
of 50354
Volume and interest? Over 43M shares were traded yesterday. So there is your volume. As for interest...somebody had to be soaking those shares up and holding support. I couldn't care less if retail joes putting 1-2K into this are interested. Market makers will also factor into this. They had the available inventory of shares to keep selling into the demand over the past few weeks. However, they would have been establishing their own net short position during that period. There is a high probability that a controlling market maker nose dived the price yesterday in order to cover that short position at a profit. Using logic, that means they now have significant inventory of shares again, meaning they are net long. We have news pending, which will be the justification to start marking price up again and then eventually selling into the liquidity that retail will provide as they chase this thing upward on presumably good news.
https://investorshub.advfn.com/boards/read_ms...=164441039
$13
$CRGP
(0)
(0)Calissio Resources Group, Inc. (CRGP) Stock Research Links
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"The Preamble
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."
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Quote:
If the broker-dealer fails to deliver for 13 days, the regulation imposes a “close out” duty to purchase and deliver securities “of like kind and quantity.”
https://www.bloomberg.com/opinion/articles/20...ify%20wall
https://www.scotusblog.com/case-files/cases/m...v-manning/
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