Cheetah Net Supply Chain Service Inc. CTNT

Keep a watch on this one in premarket.

30k bid at .87 now

Stacking the Sell walls up again. But somebody keeps buying them up. Volume almost to 5 million

.88 wall gone.

Someone is eating that wall up. Halfway gone already..

New wall of 12k at .88.

WolfOfLouisiana, what city?

.88 wall almost eaten up…somebody nibbling at the Ask

See how they now put a 7k wall up at .88? That’s to offset them stairstepping limit bids, they don’t really expect any buyers to show up. It’s a cautious Short play..

The thing is, people that are wanting it to go up are working against the stock by putting Limit Buys in place. You can’t put bids in lower than the current price and then wonder why it’s keeps dropping, you are putting downward pressure on it. You have to buy at the Ask price to clear the sell walls. It’s crazy how some people don’t understand that…