GREY:MRRCF - Post by User
Post by
Updownsidewayson Jan 18, 2018 1:19pm
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Post# 27385947
Smaller bids yet steady ask buying
Smaller bids yet steady ask buyingLast time I saw this type of action was when the etf MJX was doing its buying across the sector. Constant taking out the asks when there were tiny bids, artificially propping up prices. While not as strong as then, the action today on MARI is saying something is up. Why take out larger asks instead of wait on a bid. People want shares now and don't really want to wait on a bid. Yes I know there's some bid selling, but way more ask buying, hence the rise
Or it could be shorts covering too I guess