Oct. 11 at 6:29 AM
$SLNG the next 24 and 48- maybe 72 trading hours could be revealing?
The 100k ask was not arranged…however it’s below forst transaction makes it an interesting scenario…
Day prior news is released which allows all (insiders included) to purchase stock at a bid)…
Following day…market opens …and 100k is put on ask below set ask and below bid….forcing ask down and more importantly making impossible for insider to buy the 100k at
$5 for 500k usd…forcing ask for 2 rules….no buying the ask and second being maximum % of daily volume…
The order is absolutely real and was testing to see…it was not a false flag or pre-arranged!
Without knowing who placed the order…we can’t guess why…but we do know with certainty it is real and was meant to negate any possible insider influence….essentially they are testing future liquidity for future puzzle pieces coming together…it was invitation…of sorts…
Some may wait for Q3 report ? Cash on hand?
PS: I think many under appreciate landmarks!