bears watching. anyone with experience (and L2 obv
Post# of 96879
Posted On: 08/09/2014 11:44:26 PM
bears watching. anyone with experience (and L2 obviously) saw them bid sit (beneath top bid - hidden order). after getting only scant action they took top bid. increased it. posted 100k offer. pushed the bid. put ask pressure with 10k. squeezed the spread. and then moved their ask off after unsuccessfully getting sellers to dump to the bid.
i don't expect they got more than 500k. but you never know what they picked up b/n the spread. and you don't know what they were buying before showing themselves. they weren't selling anything that i saw. clearly they were buying on friday. that was visible. question is how much? why?
we'll know more next week.
gugs has not taken a position till now
http://www.otcbb.com/asp/tradeact_mv.asp?Issu...201407.exe
i don't expect they got more than 500k. but you never know what they picked up b/n the spread. and you don't know what they were buying before showing themselves. they weren't selling anything that i saw. clearly they were buying on friday. that was visible. question is how much? why?
we'll know more next week.
gugs has not taken a position till now
http://www.otcbb.com/asp/tradeact_mv.asp?Issu...201407.exe
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