RE:RE:RE:RE:RE:RE:Something to ponder about cbd infused drinksquinlash wrote: goldman777 wrote: Bids are building going into the close, let`s see that wall at 54 cents fall.
If you have time and want to amuse yourself then monitor the level 2 reports to see the "walls" move higher... sometimes they are just a "spoof" / "Fake wall" put in place to keep shareprices down. I see them fairly often on Cannabis Stocks so it's interesting to monitor if you understand some of the games big traders play when they hold a lot of shares. It's actually an illegal thing to do with large brokers like JP Morgan actually being fined for it, Google Search "JP Morgan Fined Spoofing" and I bet you will find more than one example of it.
No level 2 currently for me but yes I am aware of the concept.
It`s all about keeping the share price surpressed and invoking that false sense of - there is lot`s for sale, all in the name of accumulation.
But I really believe all the negative sentiment is baked into current sp . and from here, after a bit of a consolidation we go higher.
Summer doldroms will end soon enough into a fall rally, next hurdle might be TLSS.
I kind of hope it stays right here so I can accumulate myself for the next couple of months, I have a 2 - 3 year hold plan so want it to stay cheap as long as possible.