RE:0.22The reason I re: your post is because I see the same thing... there is a wall at.22 but starting the day with a few loose hands that gave away shares to more adventureous buyers at a deal... alternatively for the rest of the day it was a continuous hit on .22 cents with a couple / few small loose hand backfills, however most of the action was a steady hit on .22.
Now I can't use my crystal for fear of eating broken glass, but after years of experience I can say that from todays action there was quite a few .215 sales made which I was able to hit on by putting in a market order for 10,000 which I was expecting to get filled at .22 but to my surprise...
Well not really because on real time depth I could see that when the ask and bid sit on the same tier.... quite often you will be looking at a .05 cent increment but you don't know which way the .05 rolls.
To my favour it was sellers asking .215
There might be a bit of a short squeeze as it looks it is moving that way but it probably won't last long as last time I looked there was 3,378,680 shares roughly to cover which is a pretty low % of the float and with the volume we are at then it wouldn't take long to cover but in a few days and luckily with the employee perks @ .13 cents and a stock just breaking out in a sector warming up.... could spell a bit of a conundrum for existing shorts and new ones alike... that remains to be seen
Now for the mechanics of the action.... a stock picking up in ticks tends to open just a bit higher each day as buyers move in and shorts cover and in this stock is about .05 so far which is cool because it is still not too late catch a few cheap shares
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| T : VIVO | 2021-01-15 | 1,378,680 | 199,161 | 328,702,067 | 0.42 | | T : VIVO | 2020-12-31 | 1,179,519 | -40,249 | 328,702,067 | 0.36 | | T : VIVO | 2020-12-15 | 1,219,768 | 475,294 | 328,702,067 | 0.37 | | T : VIVO | 2020-11-30 | 744,474 | 213,792 | 328,702,067 | 0.23 | | T : VIVO | 2020-11-15 | 530,682 | 436,945 | 328,702,067 | 0.16 | | | | | |
As you can see in the last record shorting has increased but the price action suggests if the shorting has increased for the end of the month it apparently is not enough to hold back the buying so far.... just saying.
This is just observation and is JMOP.