Post by
rockminer56 on Aug 19, 2024 8:20am
This Morning Bid
There is Velocity with their 50.000. ask at .73. first thing this morning....however the more interesting info is that there is 243,000. shares BID at .71.
That is size, and harbingers a very interesting day.
Im sure that some of the retail investors that bought over past 18 months and have been losing money. will want to sell to get their money back, which is the way this kind of situration usually evolves. They dont look at the underlying fundamentals, and now that it is getting ready to go, cant wait but just bail out of the stock.
There will be many replacement buyers.
Comment by
cubesoftungsten on Aug 19, 2024 9:24am
Looks like they moved the 50k block to 0.75 with 61.5k on the ask at 0.75, so they're getting taken out at open.