TO those that do not use web iress and can't see the complete buy and sell sides; the sell side is currently abnormally skewed.
What I mean by this is that there is an order placed at 0.058 for a single 6m+ sell. Now who would place an order so far away, with no real chance of selling is beyond me. Therefore, I believe it is being used to skew the sell side to give the impression that it is larger than it looks. No doubt for personal gain.
To a lesser extent there is a single 3m+ sell order at 0.033.
So nearly 10m of the sell side is made up of only 2 orders. Try not to get scared into selling
Cheers
eMark
LRC Price at posting:
2.6¢ Sentiment: Hold Disclosure: Held