Sonoro Energy Ltd. V.SNV

Any ideas why

[Tekeela1]

Any ideas why there is such a big wall at .15. People really want to sell there!

  Level ll Quote

Bid			Ask
Price	Total Size	# of Orders	Price	Total Size	# of Orders
$0.12	41500	6	$0.12	111500	8
$0.115	1000	1	$0.125	10000	1
$0.11	121000	1	$0.13	43500	4
$0.105	27500	1	$0.135	20000	2
$0.10	55000	3	$0.14	190000	4
$0.095	80000	2	$0.145	15000	1
$0.09	132500	5	$0.15	1180500	12
$0.085	100000	2	$0.155	60500	5
$0.075	70000	3	$0.16	21000	2

[SlyFox1]

Would think MMs are trying to keep it under the acceleration threshhold for some of the warrants currently 

[copperplay]

it has to close at 15 cents for 10 straight days for them to be called.  Free money to the company so not a bad trade sell at 15 and buy at 7 As soon as they execute on next steps this will explode and not even worry about sellers

[eXclusif]

At $0.15 most ppl would break even if they didn't average down over the years.  So maybe they just want out

[MJB4231]

U need to pay attention my friend... Warrants get triggered @ 0.15. Company must not want it there now... MM working hard to keep around 0.10

[ark88]

Well, the usual reasons for a pull back for a strong run up apply here but I think the most important is the pull back in oil prices. Prices north of 120 and now getting close to 100 in just 2 weeks causes the market to "over-correct" perhaps. Look at the trend in the entire energy sector and of course everything micro gets over-amplified. Oil breaking 100 could have a huge effect though

[GeorgiaStreetE]

Not everyone buying in over the past few weeks has an interest in holding on to see how this plays out. No shame in taking a quick double and walking