GREY:ALXDF - Post by User
Post by
goldopportunityon Sep 22, 2017 6:42pm
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Post# 26733249
Fwiw........
Fwiw........Alxdf closed at usd .0493 = cdn .0607 (boc 1.2317 close)
Very tight trading range today with only 5K changing hands . But there's more going on than the small volume would suggest....much more. Here's how I see it.
Any legitimate selling is now being done at higher prices. The mm idiots are still low-balling the bids. But here's where the idiots are exposing their achille's heel. Their bid size #s continue to remain decent, and the actual bids are still exceptionally narrow. So in essence you have a high number of bids in a very, very tight range. That tells me the mm idiots are screaming that they really want your shares, but it absolutely pains them to jack their bids higher (so far). And I suspect the idiots are intently frustrated that the longs are equally determined to not budge on their ever-widening bids with low #s. And that's what happens when the longs dig in their heels and stand their ground.
Bottom-line:
1. on alxdf, we have concentrated high demand and sparse supply
2. azx is finally starting to catch some serious bids #s
3. adds up to a perfect environment for a rising sp very shortly
Have a good weekend, folks. Continue to stand your ground. Jmvho.
goldopp