Sure, when the L2 shows (bid).0017 x (ask).0018 with a current of .0018 and I have 1 million shares and I decide to sell, I always will put them for sale at .0018 or higher, Now if I sold them at .0017 this will be called bid whacking or "bid whack" So I like to always sell my shares at the asking price or higher like .0019,.002,.0021 this way I don't hurt any momentum or drag the price down! I hope this helps!
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.