RE:Nothing on L2I used to pay for Real-Time Level 2 service but I canceled some time ago and I don't even bother to look at Level 2 anymore.
Why?
Most brokerages (used by the Banksters and Hedge Funds) never show their hands and normally sell at the Market without advance disclosure of their intent.
However, the biggest reason I do not rely on Level 2 is that there are so many exchanges being used to facilitate trades. When you view "Level 2", you are viewing only the shares that are available for Bid/Ask through the
Cdn exchange.
I have personally sold 20,000 shares of a stock that was settled on 4 exchanges at exactly the same time. Only the Cdn exchange has transparency as to the settlement.
As an example, the total trading of TNY today (as of 12:29 pm) involved only 43,800 shares, however, these trades were dispersed on over 5 exchanges.
C:TNY - The Tinley Beverage Company Inc. - https://www.drinktinley.com | 12:29:19 EDT | Live Html5 Quote |
TNY - C | 21.5 | 0.58 · 0.59 | 5.5 | 0.58 | | | 43.8 | 26 | 40 | 0.57 0.59 0.57 | 1.99 0.22 | 11:59:02 | Jun 18 | 15 min RT 2¢ |
CSE - C | 21.5 | 0.58 · 0.59 | 5.5 | 0.58 | | | 41.4 | 24 | 36 | 0.57 0.59 0.57 | 1.99 0.22 | 11:59:02 | | 15 min |
CX2 - H | | 0.58 | | | 0.1 | 0 | 1 | | | Jul 20 09:53:17 | | 15 min |
Omega - O | | 0.57 | -0.01 | -1.7 | 1.5 | 1 | 1 | 0.57 0.57 0.57 | | 10:27:33 | | 15 min |
TriAct - M | | 0.58 | | | 0.3 | 0 | 1 | | | | | 15 min |
Aequitas NEO - U | | 0.57 | -0.01 | -1.7 | 0.5 | 0 | 1 | 0.57 0.57 0.57 | | 10:27:33 | | 15 min |
miller194 wrote: A nice solid news release could propel this back into the 80s. There is very little on the level 2 that would hold it back until the 85 cent mark. Hopefully sometime this week we get something.