After looking at the trades for the day it seemed someone on the ask had a tremendous amount of shares to sell. They also kept pulling it down even on big ask slaps. I was at work all day and did not get a chance to see level 2 today. It is a good sign to see over 5.5million in hits on the ask. Only 1mill in sells on the bid. What is the usual cause of a situation like this occurring? I have seen a new marketer maker "CANT" come aboard recently.
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.