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Re: jomifa8301 post# 18413

Monday, 04/13/2015 5:00:31 PM

Monday, April 13, 2015 5:00:31 PM

Post# of 46204
My theory, it is a retail investor trying to get in because with that volume of shares any MM could take the order with an average floor trade and or sweep pre market or after hours. I say retail since they are making fractions of cent each time that big lot position gets partially filled and commission fees apply daily if is getting a bite. Also, the fact big lot in the +400k is upping the bid from $0.12 to $0.124 and that adds up quickly within fractions of a cent. This buyer surely wants those shares and as far as I can see no other retail seller on the ask is selling, which is a good thing and having to deal strictly with a market maker who can unload shares from his/her stock pile. I believe the big lot bidder is getting bamboozled each time another day passes getting worked with commission fees which is MM games. Any other theory out there would love to hear feedback.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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