The trading today seemed strange to me too. No com
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Posted On: 02/28/2019 2:39:56 PM
The trading today seemed strange to me too. No complaints from me though since I finally got to add enough shares today to potentially make a difference in my financial life. I get to be in the Ice Cream Club!!! Yay!
The price drops from a relatively large 3,292 share trade @ $16 (10:26am) to the next big trade - 5,157 shares @ $14.0329 - a minute later with little bitty trades in between. MM shenanigans or just MMs doing their job providing liquidity?
PPS moved from $16.40 to $14.01 in about a minute. A 16 cent drop pre RS. I'm still trying to get my head around that ratio.
Quote:
That dollar dip I wouldn’t be surprised if it was an MM covering a short, trying to get as many shares as they could down there.
The price drops from a relatively large 3,292 share trade @ $16 (10:26am) to the next big trade - 5,157 shares @ $14.0329 - a minute later with little bitty trades in between. MM shenanigans or just MMs doing their job providing liquidity? PPS moved from $16.40 to $14.01 in about a minute. A 16 cent drop pre RS. I'm still trying to get my head around that ratio.
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