Post by
MUTDMUTD on Nov 09, 2023 11:46am
ANOTHER CRAZY THOUGHT...
...for any retail investors who have already decided to accumulate more DM stock then I recommend you consider this:...
...when the bid price is already over 1M as it is now then put in a buy/bid order but put it into the bid price to add to the 1 M and over current bid price... this will further prevent what I talked about in my past post... no need to repeat it here...
...the benefit/risk I see is a) you may not get the order filled or b) that you might end up having that order filled if someone decides to go against the huge bid by selling into it or you might have your order filled if the 1M bid is removed leaving you only...
... you may never get the bid filled but if you own shares already then that's great because the SP is going up...
...think I am crazy and this can't work... look up what retailers did to AMC...
...I am not promoting putting in a bid order if you haven't decided to ALREADY and this is only a strategy I might use and others who have ALREADY decided to put in a bid order may want to consider... but they do so on their own decision...
...I want to see DM rise on its own merit and that needs to happen but I might be able to counter some of the games I think are happening by following this strategy...
...as long as I put the bid in in good faith and am willing to have it filled then I am simply trading...
...further if the bid price moves up, still with over 1 M volume, then I will move my bid price up to match it with a bid price that I entirely am willing to have filled if someone wishes to sell at that price and if I beat out another buyer at that price too...
...ALL IMO...DYODD...
Comment by
MUTDMUTD on Nov 10, 2023 10:07am
...if you decided to follow this strategy yesterday perhaps consider it again today as the bid is yet again over 1M at approx 1.13M shares on the Bid...your decision though...ALL IMO...DYODD...
Comment by
MUTDMUTD on Nov 10, 2023 11:16am
... putting my money where my mouth is and have contributed a bit to the bid myself which is now over 1.5M in shares...ALL IMO...DYODD...
Comment by
MUTDMUTD on Nov 10, 2023 8:27pm
... I hope my order got filled today...time to check...