"BusyBee, do you think this kind of trading is onl
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Posted On: 01/26/2019 1:11:30 PM
Re: OrlandoJohn #1726
"BusyBee, do you think this kind of trading is only abnormal to the OTC or would you expect this on the large exchanges as well?"
Probably not something that crazy. But crazy things certainly do happen everywhere. It wouldn't be unusual for a market maker to walk a price back to fill a large order but this was different. There was volume pushing the price up to $3.10 and then even more volume at the end driving it down. I've been trying to rationalize that it was a large buyer but it's probably what Joe said or similar. He would certainly know better than me.
Just comes with the territory I guess.
Probably not something that crazy. But crazy things certainly do happen everywhere. It wouldn't be unusual for a market maker to walk a price back to fill a large order but this was different. There was volume pushing the price up to $3.10 and then even more volume at the end driving it down. I've been trying to rationalize that it was a large buyer but it's probably what Joe said or similar. He would certainly know better than me.
Just comes with the territory I guess.
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