GREY:PCGLF - Post by User
Post by
ksmits16on Jan 16, 2012 2:38pm
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Post# 19408638
Alpha market depth
Alpha market depth A lot more bids than asks. Only 15K asks up to 50 then nothing after that. Usually when daytraders are looking to get out of the stock the ask much heavier than the bid and a lot of retail goes through ATS. This should be a true indication that this is a good level to be getting in (or covering shorts). If the shorters are to be believed, they don't have a lot of room to breathe before they're down.
https://www.alphatradingsystems.ca/ALPHAMARKET/MarketActivity/SymbolLookupResults/tabid/97/Default.aspx?pid=92&symbol=pkl