It wouldn't seem reasonable that he could have that many to sell at the price position he would take...unless they are phantom shares.
I recall him repeatedly jumping in front of the bid and raising his size to 5000 (500k if thats the case), after selling he jumps back to the .58 with a size of 2500.
They never changed their size even after selling large quantities...thus my theory that his size # is meaningless.
To be honest, I don't place much weight in the posted size of the makers. They seem insignificant in that the maker can be on the bid or ask with a posted size of "1", yet they buy or sell 100's of thousands of shares.
Size of 5000 frequently seems to be an endless amount of shares, maybe I'm missing something or don't understand its meaning, but the size just doesn't seem to have much relevance?
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