LTHs have had time to buy into plenty of slumps with DFS supposedly around the corner. At some point it stops making sense from a portfolio risk point of view.
I guess lucky you, more for you to pick up uncontested
Another perspective is liquidity: spread is wide, the total amount I could realistically pick up is minimal compared to the size of my holding. It makes little difference if I just sit on my hands waiting for actual progress.
LTHs have done their part, that's why liquidity is low in the first place. Our "sticky hands". It's new demand at the right price that's needed to open these hands and increase liquidity.
EMH Price at posting:
62.0¢ Sentiment: Hold Disclosure: Held
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