RE:RE:STRANGE OPENINGI would think then you noticed the participation of anon during this takedown as they were by far the greatest participant since the 14Th. for a total of over 11 million shares bought and sold emphasis on the sell side. accounting for near 40% of all trades.
Any other house could have hidden themselves under the anon banner.
Starsearcher80 wrote: Further to today's orderflow, as a a trader I pay a LOT of attention to the market participants as the orders go through...who are your friends, who is not. There were a couple of Houses actively maniupulating the share price yesterday, and/or selling off as best they could. Lots of iceberg orders as well, which abated later in the day.
Good news is that those unfriendly participants look to be gone today. If so, and it looks like it, there is signifcant room for a strong updraft. We'll see what comes.
Starsearcher80 wrote: Well that was one of the strangest openings I've seen in a while. Huge gaps between bid and ask. A few sellers...small orders, who looked like they had to get out. Volume was SO light I e en checked to see if there was some Holiday I was missing.
I picked up a few more shares ridiculously cheap this morning. The stock has now come back. Good news is that the selling based on the massive drop the other day (and subsequent fear, or margin calls, or pissed-off selling) appears to be over. Looking now for an updraft that the dearth of selling is now over. Imho, the stock is now primed to move back up.