I see the term... "heavies are out this week"
Definition is quite relative but...what would a heavy be?
what I mean by that is....
would a trader who picks up 500,000 @ .015 = 7,500 considered a heavy trader?
or would someone who picks up 5 Million shares @ .015 = 75,000 considered a heavy trader?
I know it's all relative but...really...what are people's idea of a heavy hitter in this particular microcap market?
Another thing I noticed a couple of days ago, was that someone said something about hedge funds loading up..... I watched the trades via Bloomberg and didn't see any anomalies. Yet people seemed to agree that some hedge fund was loading up......quite possible....not saying it's not possible....
One thing came to mind though....trade costs that I know of, are between .01-.03 cents per share per trade. Again...quite possible that hedge funds are trading in this security.....personally....I doubt it. Just my opinion though.
Right now....I'm looking at this security....all it takes for it to go up to .015 is around $7300.00....that should take care of the ask.... Is that why, people are waiting for the heavy traders to come by so they can run up the price?