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Cadiz Inc. Message Board

  • xds58 xds58 Nov 29, 2012 10:24 AM Flag

    beware the mkt makers on CDZI and avoid stops

    I learned the hard way the other day that given the wide bid ask and thin volume, you CANNNOT use stops on CDZI - mkt maker(s) will simply hit you above or below your stop if they sniff it out

    I think it's reasonable to assume a relatively high portion of current CDZI volume now is a combination of short covering (forced and voluntary) and other noise.

 
CDZI
11.89+0.11(+0.93%)Dec 26 4:00 PMEST

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