Wednesday, October 29, 2008 5:36:03 PM
ran across an old post on another board and found it interesting.
"T" TRADES, what the pre/post market trades means is that if I put in an order before the market for 3 million shares at.xxx and the bid and ask are both above that level... the MM's have to create downward pressure to come and get my order... they fill it then post it as a "T" trade at the end of the day... problem is no one knows if I put it in as a buy or sell based on the "T" just what the price is, so you investigate.
so, if you believe this, the price the trade went off at is the most important thing.
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