Post by
tamaracktop on Aug 12, 2024 4:49pm
Interesting
The stock showed 1000 offered at 82 with half hour to go.
It traded 12,000 shares at 82 with 4 different buy orders in the last 20 minutes.
They weren't crosses, they were buy orders, and the stock still showed 1000 offered there at the close.
Don't trust the depth on Level2
Comment by
tamaracktop on Aug 12, 2024 5:41pm
From a close at $1.10 on July 10th to a low at .71 last Thursday was a 35% decline in less than a month. After today's sharp decline in volume after a very strong start, and after giving up most of its gains to close at $.80 bid it looks to me a dead-cat bounce has come and gone. It's bid nine cents higher than the monthly low, and 30 cents off the high. Sell this immediately