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Re: 1234jklm post# 75246

Monday, 09/18/2017 8:46:06 PM

Monday, September 18, 2017 8:46:06 PM

Post# of 144814
High frequency/program trading. Some believe traders send signals to each other via bid/ask and size, but I think there's usually a reason for an odd size.

I recall seeing batches of $PMCB shares in 499 lots, which seems weird but when multiplied by the order price was nearly $30 exactly.

So I think that was someone tinkering with designing and developing a new program trading system- literally someone testing their trading system in a live, but low risk environment (PMCB is a fairly stable penny stock)- before using it with real money.

Know What You Own. My posts should not be construed as investment advice.

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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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