RE:Shorters Reducing Ask Price to Lower Open PriceI noticed the same. I do not know what it means. It is still early in the day, but one can see it right now. 1,500 shares at the ask at $0.61 while the next lowest ask is at $0.63.
integrity11 wrote: I have noticed for the last few weeks most days just before the market opens one ask for 1500 or 2500 shares comes in at least at a cent or so lower than the closing market price of the previous day.
it is obviously two traders working together to at least start the trading day lower. Is this a normal practice for the shorters.