
Originally Posted by
JohnnyIrishXM
Quick observation on what i think happened with the CC run up.
Level 2 for last 2 months had an average of 2800 sell orders at open and 7000
buy orders at open,which to me was a lot of shareholders who missed last sell opportunity at .63 and had ?GTC sell orders in,now we have 3400 buy orders at open and only about 4300 sell orders at open,which tells me those GTC orders got filled and alot of swing traderfs now have a higher cost avg,hence we trade here at the .50's...
no one is selling less than .52 right now and buy orders are flying in to keep it at the 3000 order mark,even after all the sells are filled,,
To me this is the best sign of .60's coming soon,and then we will fill that gap in to .70;s by end of sept..