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InTheTrenches

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InTheTrenches

Re: runncoach post# 6430

Friday, 07/13/2018 3:15:15 PM

Friday, July 13, 2018 3:15:15 PM

Post# of 21531
You may be right that it's institutional.

We frequently see the market maker leave a wide spread, with a large ask (several 1000 shares) much higher than the current bid.

Over the past several months, the only way for an institution to build a large position is to pay up to the ask, which is often .50 or more higher.

Definite possibility it's institutional buying today.

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