market depth sellers

  1. 2,538 Posts.
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    The imbalance of sellers (7 million sellers to 3 million buyers) is a little suspect. If you care to look 5 million of the sellers are at 24cents or greater. If View starts to move up I wonder howmany will withdraw their orders. So the majority of the sellers are not seriously wanting to sell. I and many others have been guilty of loading up a very large sell order a few cents above market price knowing their unlikely to be sold simply as a psychological ploy to bring more nervous sellers in at lower prices. The purpose has been to accumulate at the lower price in a bearish market.

    It has been like this for a week or so now.

    Just an observation to pass on.
 
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