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Message: Level 2 Quotes this morning

June 17 Results for RVX:

Date Open High Low Close VWAP Volume % Chg $ Chg Trade Val # Trades
2022-06-17 0.26 0.26 0.25 0.25 0.2503 391.91k 0.00% -- 98,083.00 3

The biggest buyer of RVX yesterday was CIBC World Markets Corp., a US Broker-Dealer. Nature of business, the Company provides its clients and counterparties with a full range of services in connection with securities transactions, investment banking, and acting as a broker and dealer in securities. They must be representing the 475K BID at 25 cents that originally showed up as a single individual on the Level II quotes on June 15, 2022.

Is this the harbinger of more players coming in on the cheap?  The funny thing is, for the most part, there were no 25-cent Level II sell orders.  

The one big seller was anonymous.

 

Koo

 

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