May. 31 at 6:25 AM
$LRE I've noticed a sell wall between
$1.35 through
$1.40, 1000 shares at each cent level, maybe 5000 shares total on the level 2 ask. It could be the case that someone saw LRE's pump and dump pattern, and someone is trying to "cut in line" so to speak. So if LRE is going to run again it needs enough volume to break through that level with decent size.
Not saying the pump and dumps are done or gone, just there appears to be more headwinds. I sold a bit of my position around
$1.34 - still holding a large portion of it, but the squeeze play seems to have gotten a bit weaker, at least in the short term.