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Re: None

Monday, 05/23/2016 12:23:20 PM

Monday, May 23, 2016 12:23:20 PM

Post# of 5543
I've been noticing some small orders as of late on the Level2.

Today there is an order for 800 shares, last week was 500 shares in a single day.

A week or two back I saw an order of 100 shares.

Not sure these orders are signals from the MM's but could be. From what I've seen 100 is an MM saying I need shares, A single order of 500 states to gap the stock up or down, and an single order of 800 states to get ready for action.

Im pretty sure that these are usually only for penny stocks and thinly traded ones such as our BSEG. Maybe this is something or maybe this is nothing. But I cant see any long timer selling 100 or 800 shares for that matter, so I do think its MM's signalling each other.