Friday, May 25, 2012 7:31:23 AM
While I agree that all this doji moji candle stuff doesn't really mean much...I think that there is some significance to the T-1 trade.
Someone out there is buying...and willing to pay a premium, a big one. They know something...no one pays a large premium unless they are darn well sure they can garner a higher price than the premium they pay.
The MM was goosing around for every seller throughout the day to fill the order, and I really doubt he filled it totally. 400 or 500 thousand shares is doable without placing through an MM...the actual order size I'm thinking is much bigger.
The above may be wrong.
Krombacher
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