daytrades april 14 afternoon, page-96

  1. 9,544 Posts.
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    Wilson

    Re OBL:

    118 buyers for 18,438,351 units
    34 sellers for 4,469,360 units

    Bullish on this LT but am not fooled one bit by this market depth. I had a similar market depth when I bought in at 4.5c couple a days back and got butchered. Suspect about 10 million shares are waiting and ready to be sold but are sitting off the sell stack. Traders who sit off the sell stack think they are smarter than the rest. Similar butchering tends to happen on PIE.

    IMO be careful. I hold but will reconsider if it approaches 4.8c again today.

    Btw, how's SSN hanging on everyone's radar?



 
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