so where is the cvi accumulation, page-42

Interesting close.

At 4.02 a bid came on for 600,000 @ .038 and stayed there for a few minutes. Then it dissapeared for about 30-40 secs and reappeared as an 800,000 order @ .038 and as we can all see it went thru.

What can we conclude from this?

I am not certain but here is my take on it. It was a real order by a CVI newbie, he puts his order on screen, then gets a boost of confidence and goes to increase it but finds his AndrewWest account won't let him so he cancels the order and makes up a new one and place it back on screen. If it was a more sophisticated buyer like a broker with a SEATS system it would have simply changed up instantly.

My point is, I think that 800,000 order was a simple punt and not indicative of a smart broker order based on some upcoming positive news.

The previous few days 1M on close sales were made up of multiple orders also not indicative of smart buying on the close.

I have down uprated my Dead Cat Bounce call to a Dead Cat Splat. I think Mr 800K will get a shock tomorrow.