It is so obvious in the last 30 days how L-2 trading level is so strategically stacked against upwards movement during the day as in the morning, it has room to move either up or down more freely in the first 1/2 hour to 1 hour.
As an example, at 12:10 Pacific time, L-2 bid is one cent (.01) stacked among 7 different brokers trading on the platform 1.73 bid, 1.72 & then on the ask it's also just one cent between all 7 on the ask of 1.74 - 1.75 among all 7 brokers on this side of the platform.
As I see it, in the first hour or less, we had a range of 1.81 and we went down to 1.70 then the platform got stacked to restrain any upward movement so we are stuck on both sides of the bid/ask platform between 1.72 to 1.75 with enough shares to choke a horse. Who's doing this day after day? Heck, whada I know but it's obvious that those involved, don't want us to gain any momentum at all and this strategy is what's now in store for us until it's not - GASTLY in my opinion and it's being done to us longs to shake us out with our frustration of this all.
In my book, it aint gonna happen, at least for me. They want my shares? Buy me out for 100.00/share and I MIGHT take it, Might!
GLTA
HCIT
As an example, at 12:10 Pacific time, L-2 bid is one cent (.01) stacked among 7 different brokers trading on the platform 1.73 bid, 1.72 & then on the ask it's also just one cent between all 7 on the ask of 1.74 - 1.75 among all 7 brokers on this side of the platform.
As I see it, in the first hour or less, we had a range of 1.81 and we went down to 1.70 then the platform got stacked to restrain any upward movement so we are stuck on both sides of the bid/ask platform between 1.72 to 1.75 with enough shares to choke a horse. Who's doing this day after day? Heck, whada I know but it's obvious that those involved, don't want us to gain any momentum at all and this strategy is what's now in store for us until it's not - GASTLY in my opinion and it's being done to us longs to shake us out with our frustration of this all.
In my book, it aint gonna happen, at least for me. They want my shares? Buy me out for 100.00/share and I MIGHT take it, Might!
GLTA
HCIT
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