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Re: User-65225 post# 27808

Tuesday, 06/13/2017 10:13:44 AM

Tuesday, June 13, 2017 10:13:44 AM

Post# of 346686
The concerning thing is, that trade was made on the BID price... Few issues I see with that...

1.) Odd there was such a wall at the same time there was such a purchase made... Seems suspect that those 2 things happened simultaneously...

2.) Someone buying on the BID requires a seller to sell to the buyer's price or meet the BID price... Which indicates really that a big dog actually just got out and sold off to the BID to do so...... Though the big dog was replaced by another big dog, IE whoever bought those shares from the BID....

3.) Odd that that entire purchase was made in 2 fills... A purchase that size would usually require many partial fills... It took me something like 5 partial fills to buy $11,676.52 (almost a tenth of the size of that purchase) worth of shares and each fill up was at a different price within my LIMIT order... The purchase we just witnessed (and I documented) was done in 2 fill ups both AT THE SAME PRICE ($0.075)... Which is odd.... Almost smells of manipulation... It'd be one thing if the trade was made at the ASK price which would still require that many shares to be available at 1 price on the ASK, where the price to purchase at is already named, you just click buy and transaction over... But this purchase we witnessed was made on the BID... Usually for the BID to be bought on, someone with shares has to decide they want out and agree to sell for a lesser price, the BID price, which usually happens in smaller quantities, further requiring multiple orders and usually at different prices typically taking multiple sellers even to fulfill such an order....

Something about that move stinks, especially when you compare point #3 with point #1...

Odd...