GREY:EDYYF - Post by User
Post by
IvePaidMyDueson Mar 14, 2019 12:55pm
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Post# 29486194
Standoff, Stalemate, Draw, Push,
Standoff, Stalemate, Draw, Push, Interesting last few days. My thoghts and opinion follows
Nobody wants to buy at 5 cents. This is how much confidence there is. Buyers would rather sit behind a million shares on the bid at 4 and a half than jump the queue and 'overpay' at 5 cents.
Conversely, if sellers are willing to sell at 5 cents, they have already given up that any significant news will be released.