InvestorsHub Logo
Followers 22
Posts 7075
Boards Moderated 0
Alias Born 05/14/2011

Re: Shail post# 33601

Thursday, 10/23/2014 8:46:43 PM

Thursday, October 23, 2014 8:46:43 PM

Post# of 58840
Yeah Shail. That huge late trade at the end of the day doesn't even come close to a retail investor for me. An investor at all. Why even bother spiking up the price like that? I saw a lower ask up there. Would seem there'd be plenty more available.

On that note, I don't think we ever commended Mitchell for anteing and getting us the streaming market feed partition on this page here. Or did we?¿?¿ I know it ain't L2 but it was a gimme granted to us.

Now my birth mate Flick does point out not to worry (overly) much on the short traders. Most evidently are. Got this trading tactic I've been reading about on one of them wild ass futures/derivative transaction types.

Originally created for commodities about a hundred years ago other source for that. Here's the menu options described on Trader's Workstation® guide book. From Interactive Brokers you know. Page 312 (over 1200 pages in this damn thing).

EFP Futures Spreads
An EFP (Exchange for Physical) is a combination order to sell/buy stock and buy/sell an SSF (single stock future).
To create an EFP in SpreadTrader
1. From the Trading Tools menu select SpreadTrader.
2. Enter a symbol in the underlying field and hit Enter.....

Don't fully understand it. Seems like the kind of event to cover a bet on a spread. Return the borrowed shares to the lender at the bet upon price. May not be a big winner for the guy who set the bet. But he may break even with it.

End of the day play like that may indicate desperation.

I'm pretty damn desperate myself:). Had a DAYS TO COVER FACTOR hovering around 17 days back at the beginning of the month when Randy K and Mr. Big noticed we had $12Million in underwriting available. Today's the 14th trading day since the 2nd of October, ahhh, so allow me some approximations:).

Damn suspicious is that late HIGH BID trade. I'm going with someone covering a spread bet in an Exchange For Physical combination order. That'll cost you $1 & 9¢ ✍ if I got my math write✎:).

Why The Hell not?✽♪♩♫♭
VR
Mike✌


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent APDN News