GREY:BLEVF - Post by User
Comment by
NEWBIEVESTORon Jun 20, 2018 6:52pm
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Post# 28202357
RE:Why!
RE:Why!Looks to me like someone is accumulating without running the price up too fast. The last few days there’s been a few times where someone would gobble up all the asks and spike the SP then they sell a few thousand shares to drop it down again. Like yesterday there was a 75k share buy then it dropped $0.05 right away. I took advantage of it today when the price spiked from $1.62 to $1.69 I had a sell in at $1.68 then 15 mins later I rebought my shares for $1.60.
whomever bought $5mil worth at $2 will surely have a lot more cash and is probably increasing their position.