If you are a T+3 trader or just a mug trader that hasn't settled your trade from Tuesday, take note of the below trades from Tuesday. I wonder what percentage of those trades remain unsettled? Then you have the trades from Wednesday where the stock hit intraday 10 cents! Those would need to be settled on Monday.
Could be a very nasty day again today for those that took the plunge and Monday could be much worse.
What's interesting is the current market depth has dropped away significantly and the liquidity has dried up on the buy side but increased on the sell side.
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