MichaelMF

BID Moves

Short
NYSE:BID   None
Bid is up massively due to news a while back of a potential buyout. It's been in this range for a week or 2. It's looking like it could fat tail in either direction. Going back to 2016 was the most recent that Accumulation was around 170M I'm watching for a drop into distribution on this with alerts on either side of the BB. Potential large move coming, just can't tell which way. Bloomberg had an article out yesterday morning that discussed last weeks auctions and gave me a bearish side on this.

This isn't advice. I'm probably wrong. I'm currently in one short position because it was 10 bucks and i'm bearish af lol
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