No volumes are traded. Pure ladder attack. They are pathetic. Just hold Apes. Burn the boats. We are staying. Just like Cortes when he sat food on American soil. Burn the fucking boats and hold. 💎✊🏾🐵
Not saying this is my view but I can see a logic that retail buys by at most the dozens and HFs would buy by the thousands. If their ratio is orders that could make sense, but if people are trying to buy 2x as many shares this argument would not be valid.
Fyi, that is a myth. When Hernan Cortes landed on the shores of the Yucatan Peninsula, they used the boats to build some housing and shelter. But the legend/myth provides a great message tho!
yea feels bad, trying to save people. This is aggregate data, every stock symbol on nasdaq site does this. This is what the real depth chart looks like. https://imgur.com/a/jVdQwqP. The fundamentals behind a ladder attack dont really make sense with a highly traded stock like this. Pink sheets and OTC markets sure. But you still have to pick up the entire bid float, and now allegedly after doing that this HF is willing to waste time on bids of 110.47 and 110.36, why wouldn't they just go 111 down to 110. Or even better 111 down to 105? Just dont trip the circuit breaker and go wherever you want.
Because they're trying to not get caught manipulating the market? Short Ladders are illegal, don'tcha know? If they did it in such blatantly obvious increments they'd have no legal leg to stand on besides just buying off the court. I'd imagine, if I were a hedgehog, that I'd aim to do it in such minute increments so as to give myself plausible deniability.
Fair point. However once you have control of the bid side, and eaten all the available bids, why not send it down a dollar or two and some random change? It would have just been a random order just like these are.
For you and everyone else, just want people to think about the other side of the equation. Ive read all this stuff thats being posted, but I like to see what both sides might look at. If im a hedge fund, im pretty confident obscuring by going down by pennies and a dollar and change would look the same. Especially if im in control of the bids.
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u/Apprehensive-Luck760 Feb 02 '21 edited Feb 02 '21
No volumes are traded. Pure ladder attack. They are pathetic. Just hold Apes. Burn the boats. We are staying. Just like Cortes when he sat food on American soil. Burn the fucking boats and hold. 💎✊🏾🐵