Always frustrating when you see such blatant dummy bidding in any stock....especially since for us retail mugs we are unable to place bids more than a few steps (or a certain percentage) away from the current market price....
yet we have a 500,000 order placed at the VERY BOTTOM price possible - so far away most on-line holders are unable to even see the dummy bidder (although of course they can see the total buys/sells!)
Column 1
Column 2
Column 3
Column 4
0
25,000
0.410
0.610
30,000
1
2,500
0.410
0.615
3,090
2
5,200
0.380
0.620
8,330
3
500,000
0.001
This same bid has been coming and going from YOW depth for some time now- Would be nice to know which dodgy broker it is coming from! We could then see if they are net sellers or buyers- seller is an obvious reason for propping it up- but I think probably more buyers who have bids just below market and will strategically remove the dummy bid to shake the tree and collect some more? (52 week low atm so a 50c sell down very likely from-especially with a push)
time will tell- bid will probably be removed when this post is read enough times anyway!
nextime!
YOW Price at posting:
51.5¢ Sentiment: Buy Disclosure: Held
