Monday, November 18, 2019 10:37:41 AM
It never works that way and never will. These large holders whether it be Monaker or like minded that hold millions of shares are held to certain SEC rules governing their positions. This doesn't apply to generally us retail buyers.
These large holders always stays within the parameters of the daily volume.
Note holders are beholden to the rules of the SEC that they cannot exceed the threshold within the 25% of the daily volume. They, as well, cannot sell 15 minutes before the close of same session.
Another point. This issue is tightly held and the MM mask trades. You may have noticed when they show, whether the Ask/Bid you will see a 10,000 share amount and just earlier, we saw a slew of 10,000 trades go through. This is indicative of a hidden actual quantity and may come off as unlimited shares.
Also, note the spread when this happens. This means the Algorithmic of the MM is their control and never but a share at the high end but rather a point or two above the bid.
When this happens, it usually indicates that a large holder has put up for sale a quantity, but because of the generally low volume like VRUS, allows the MM to sell within this range and as mentioned, the masking of trades to hide the true quantity.
Have a good day
varok
http://www.stockmarketquarter.com
Corporate Market Awareness Consultant
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