Lifeist Wellness Inc V.LFST

No volume for sure

[whisky11]

 

 

Shares

Bid

Ask

Shares

 

 

40,000

0.095

0.10

83,000

 

 

93,000

0.09

0.105

36,000

 

 

236,000

0.085

0.11

10,000

 

 

335,000

0.08

0.115

18,000

 

 

50,000

0.075

0.12

50,000

 

[NosajEwad]

As with my other post, L2 is so fluid with penny stocks were shorters and flippers abound that it really only a snapshot of what people are wanting you to think.  I can put a big ask or low bid an pull it just to give false indication of interest. ........................... With penny stocks, L2 is useless and used to manipulate interest.   Unless everyone slams into "Market

[steveM45]

You're on target with this post....thanks. Now, if they could stop with the short interest vs short volume misconceptions.

[NosajEwad]

Short Volume is kind of like watching an MMA fight and wondering how many peple are betting on the unlikely outcome.    I'll borrow x amount and when it goes down I'll sell it back and make a few bucks.   Its not what I have time for but its as valid a technique as Buy Low/Sell High RSI like I try and do if I can.

[steveM45]

Yes, but I was referring to the years of "short squeeze coming!!! " based on short 'volume', vs interest.  It's one thing to bet on a squeeze if total outstanding 'interest' is high, but short 'volume' is meaningless unless you're a daytrader scalping for pennies. The majority of intra-day short volume is covered within the day.  If they reported

[NosajEwad]

Ah, thanks for the clarification, I missed that point all together.