Block Trades So Far Today = 265 Trades (that's hug
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Posted On: 03/09/2021 1:18:13 PM
Block Trades So Far Today = 265 Trades (that's huge)
Block Trade = A Single Trade of 10,000 shares or more
Average Block Trade Today = 24,000 shares per trade (that's big)
But I never understand. Is This good or bad?
It must be bad for today since sp is down so much?
Are big investors buying, selling or both.???
It seems like it must be both.
But the buyer says: "hey lower your price, and I'll buy your 24,000
So the seller lower their ask, and the share price we see goes down.
That's my best and only guess.
Block Trade = A Single Trade of 10,000 shares or more
Average Block Trade Today = 24,000 shares per trade (that's big)
But I never understand. Is This good or bad?
It must be bad for today since sp is down so much?
Are big investors buying, selling or both.???
It seems like it must be both.
But the buyer says: "hey lower your price, and I'll buy your 24,000
So the seller lower their ask, and the share price we see goes down.
That's my best and only guess.
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