RE:Sharp selloff tomorrow?It certainly looks like it given the change in level II orders in the past couple of days.You would think with the poor production results relased a few weeks back that the poor revenues are backed in.
BID side is under weighted in orders compared to the ASK. Usually the BID is more heavily weighted.
House 85 bought 130,000 shares 3 days back at 13 cents, and then put the 130,000 shres up for sale yesterday for 13 cents. Also, House 85 has backed off on populating the BID. What I'm describing is a change in the trading behaviour scaplers flipping MND on a daily basis. I'm rferring to House 85, 88, 89 and 124.
House 2 hasn't been reseting and adding orders on the BID/ASK at the 10:20 AM.
House 001 has sprinkled some orders on the BID.