Carcetti Cap. Corp. (TPNEF)

[growacet]

The bid has been pretty thin on this climb...

I notice that when I check the bid/ask the number of lots on the bid size is typically quite small, often less than 10 lots bidding, while on the ask its typicalling much larger, two, three...even four hundred or more isn't unusual.

I suspect that there may very well be some iceberg orders on the bid side, with only a small number of lots as the visible portion, with hundreds more hidden out of sight.

If someone (or someones) is accumulating it makes sense.....putting up a large visible bid could conceivably attract attention and increase competition for what could very well be a limited number of shares that are being sold. Conversely the large number of lots on the ask, they could be a bluff.

Its all tea leaves, but its fun.