I've read this a few times along the way, I've never really looked to see if it plays out. Anyways, it's possible all those times a small buy went through, it wasn't (or was more than) a paint...
Bid should be moving up, if this was a signal.
100 > I need shares 200 > I need shares badly but don’t take it down to get them 300 > Take the price down to get shares.... 400 > Trade it sideways based on Supply and Demand 500 > Gap one-way or the other, usually to the direction of the 500 trade. Sometimes -if in the middle -keep the price right where it is.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.