RE: Synereo (Amps) Temporary Arbitrage Opportunities

You are viewing a single comment's thread from:

Synereo (Amps) Temporary Arbitrage Opportunities

in investing •  8 years ago 

Keep in mind a whale who wants to get in with any serious amount can't buy at market price because he will buy the price up and pay more. If he buys at offering he can buy all for a set price and not have to worry about sell volume being adequate.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  ·  8 years ago (edited)

I'm with you on that one. My comment was not about whales, but rather the "sharks", those cowards that usually sit and wait with deep-out-of-the-money bids waiting for a dump. While the dominant volumes were to the upside over the past few weeks (1-1,7mill USD a day), the corrective dump days were at 100k-600k USD a day.