Was happy to see $1.75 yesterday afternoon but a bit beffuddled by the intraday pullback to $1.60, and the pattern within the market depth that seemed to be designed to hold the sp down, most likely someone making a manipulative play, as the recent s.t. run has been swift.
The market depth at close last night had sell orders for (I think it was..) 6350 shares at every cent level, from $1.60 up to $1.75. Can anyone elighten me as to why a trader would do this?
The amount of 6350 seems a lot more than the usual bot manipulation. I get the feeling someone wants to hold this back from fair value again, must be that shadow lurking ready to pounce and accumulate more.
The way its going there will be no shares on offer, as this stock will be so tightly held.
Get what you can now, I say...
BTR Price at posting:
$1.56 Sentiment: Buy Disclosure: Held
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