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Re: uwish post# 76326

Saturday, 03/26/2011 4:24:18 PM

Saturday, March 26, 2011 4:24:18 PM

Post# of 141639
I have been watching L2 closely this week.Someone has been buying 100k everyday.When he hit the ask,the MMs give him some shares and then they place him on the bid side.The following day they give him the rest of the 100k shares at the bid price and that's why it shows as sell .On friday this person or entity hit the ask(i assume for 100k shares again) at the end of the trading session;they gave him 50k shares and they raised the ask.Should the history repeat itself,on Monday they will give him the other 50k at his bid price,it will then be shown as sell...we will see