Post by
ibexeyes on Jan 19, 2021 2:48pm
ABXX accumulation
Sellers have been hitting the bid since it came public. "Angel" investors I guess. But there IS a bid so the stock is being absorbed by the public. Seems that investors/traders interested in ABXX are content to wait for the stock to "come to them" rather than chase it. Deliberate steady accumulation.
Comment by
Clipper2 on Jan 20, 2021 1:47pm
Agreed The .MM is keepint the bid/ask spread at .05 most of the day. It's a bit ridiculous.