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Re: 2010ftw post# 8470

Wednesday, 10/06/2010 5:25:27 AM

Wednesday, October 06, 2010 5:25:27 AM

Post# of 91121
I.ve seen this with other stocks also when a stock is at the point of a breakout. E.G,another mining stock months ago trading at several cents and only a few thousands shares/day w a low float,yet mysteriously blocks of e.g. 125k would show on the chart at e.g. .001,which of course would demoralize and depress price for days.

Either market makers or an "explanation" given to me by brokers is that if a firm has buyers and sellers in house the firm can execute trades irrespective of the bid and ask. Of course they had no answer why any seller would sell so below market,in house or not,so I suspect it is one of the games mm's play to discourage and thus shake shares loose so they can buy cheap when they think a stock is going to rise.