GREY:SIXWF - Post by User
Comment by
throwaway11on May 19, 2023 9:33am
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Post# 35456226
RE:WTF? Eruption
RE:WTF? EruptionThe actual amount of ask on each half cent increment is extremely small. If someone wants to acquire a large amount of shares at once they have to buy well upwards into a number of small asks. This is why this stock is randomly jumping by 66-100% and then ticking back down.
The bids at 0.005 to 0.015 are huge. People will always buy as cheaply as possible because that's the nature of the public market, but I believe the recent, whopping 20,000,000 "consideration" warrants to Orca at 0.02 will act as a factor that discourages upward movement.