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Post by ktim on Mar 20, 2020 10:05:56 GMT -5
Interesting ktim. Which broker allows you to enter fractions of a cent? I have accounts spread across three brokers. I'm pretty sure it is TDA. Others might as well. I don't often trade stocks below $1.
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Post by ktim on Mar 20, 2020 10:09:40 GMT -5
That would be consistent with the idea that Market Making Firms are not supplying the liquidity they should be. They are a large source of generating this daily short volume. This would be consistent with someone else observing that even small trades are being filled in multiple even smaller chunks.
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Post by radgray68 on Mar 20, 2020 12:58:50 GMT -5
I just loaded up on trading shares again. Bought some more for my core as well. I noticed my orders being filled with 12 shares here, 4 shares there, several 100 share lots and such. Lots of small bundles. Don't know what that means but it was different.
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Post by ktim on Mar 20, 2020 16:05:19 GMT -5
I just loaded up on trading shares again. Bought some more for my core as well. I noticed my orders being filled with 12 shares here, 4 shares there, several 100 share lots and such. Lots of small bundles. Don't know what that means but it was different. That observation combined with drop in "daily short volume" makes me think some of the Market Making Firms that are supposed to supply liquidity are backing away from activity and failing to play their role. It may be they have become capital depleted, or just not wanting any risk in these highly volatile times... though in general volatile times can be quite lucrative for them by widening spreads and capturing large volume.
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Post by peppy on Mar 20, 2020 19:57:16 GMT -5
MNKD Nasdaq real time volume at 1 hour of trade. real time volume 882,793 shares real time said it had traded 600,000 plus in the first 6 mins Summary volume, 867,814 shares. 1.090.00 (0.00%) As of 10:31AM EDT. Market open. 1.10 is resistance that needs to be broken added: 1,078,759 real time in 1 hour and 43 mins. $1.07 MNKD Nasdaq real time volume, 2,364,300 shares. MNKD Nasdaq summary volume, 2,912,690 shares. 1.0100. -0.0800 (-7.34%) At close: 4:00PM EDT some real time shares have been exchanging hands yesterday and today. summary volume is not double real time shares yesterday or today.
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Post by peppy on Mar 23, 2020 11:46:14 GMT -5
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Post by longliner on Mar 25, 2020 3:27:10 GMT -5
I hope to pick up 1700 at dawn at 1.07. Wish me luck or curse me. (Depending on your position).
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Post by cedafuntennis on Mar 25, 2020 9:19:19 GMT -5
I hope to pick up 1700 at dawn at 1.07. Wish me luck or curse me. (Depending on your position). almost never a good idea to buy at the open
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Post by prcgorman2 on Mar 26, 2020 12:11:41 GMT -5
Drifting up lightly on light volume. Love it.
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Post by awesomo on Mar 26, 2020 12:18:15 GMT -5
Drifting up lightly on light volume. Love it. Huh? We're completely flat on a day with every index skyrocketing. Seems strange to "love it" being left behind in the rally. Since when is light volume good? There's no buying interest in this.
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Post by prcgorman2 on Mar 26, 2020 14:44:05 GMT -5
I see drifting up on light volume as good because it seems to usually require heavier than usual volume to move up against the downward pressure of shorts.
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Post by wgreystone on Mar 26, 2020 14:48:38 GMT -5
Drifting up lightly on light volume. Love it. Huh? We're completely flat on a day with every index skyrocketing. Seems strange to "love it" being left behind in the rally. Since when is light volume good? There's no buying interest in this. Nowadays, MNKD is not the only one on sale now. Investors are busying picking up other stocks.
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Volume Six
Mar 26, 2020 22:26:25 GMT -5
via mobile
Post by cretin11 on Mar 26, 2020 22:26:25 GMT -5
I see drifting up on light volume as good because it seems to usually require heavier than usual volume to move up against the downward pressure of shorts. I agree with your description of “drifting up on light volume.” For the past several days even. However the broader market has experienced massive upswing days at the same time. For that reason I don’t share your enthusiasm for our drifting on light volume. I’m not sure about the second half of your sentence. We usually require heavier than usual volume to move up against the downward pressure of shorts? Isn’t that a condition of stocks in general? I’m not sure I follow the logic, unless it’s the same “blame the shorts” theory we’ve been hearing for five years now (and I bought into it back when share lending rate percentages were in the 20s).
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Post by sportsrancho on Mar 27, 2020 1:47:11 GMT -5
Look, we go down with the market and don’t come back up. What does that say? We should be back up at our normal trading range between $1.20 and $1.60. But no....
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Post by prcgorman2 on Mar 27, 2020 6:10:29 GMT -5
Look, we go down with the market and don’t come back up. What does that say? We should be back up at our normal trading range between $1.20 and $1.60. But no.... I don’t follow the market very closely, but isn’t it still down significantly from 2 months ago? People tell me their 401K has shrunk and has not recovered. I think you must be a better investor than most (with the singular exception of MNKD of course).
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