Wednesday, January 05, 2022 6:46:21 PM
I don't think you're alone, in not understanding how/why it does/doesn't move the SP. I don't think it's been adequately explained, although it's not anyone's job in particular to explain it to us.
It's as if there's a secondary market, in which the buyers (or their MM's, or minions) are left alone to collect shares throughout the day and then post the amount after hours. They could possibly be buying shares in a spread and therefore it shouldn't have an effect upon the SP, per se.
(Kind of like, we have to buy these shares so leave us alone to collect within our posted spread)
Purely conjecture on my part.
It's as if there's a secondary market, in which the buyers (or their MM's, or minions) are left alone to collect shares throughout the day and then post the amount after hours. They could possibly be buying shares in a spread and therefore it shouldn't have an effect upon the SP, per se.
(Kind of like, we have to buy these shares so leave us alone to collect within our posted spread)
Purely conjecture on my part.
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