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Sunday, August 18, 2013 2:35:14 PM
years ago MM's in pennies would almost always hide All Or Nothing orders of size like that but, i tested one recently (buy order) and it showed on L2 immediately.
i'm beginning to think it depends on if the maker makers want the order to fill or in this case, i thinking more likely it was shown to be used to help in manipulation.
..if they've been suppressing this heavily in anticipation of a run, they'll also want shares at .0002 of course, if they can get them.
i wish i had been here watching more in the past couple of weeks...if any of you have seen especially NITE loading heavily on bid at every tick down from say .001ish, this is a clear sign for an expected pop IMO
i do know that Retail can route through NITE and do but, won't be consistently and constantly several Mil. over and over at every single price point.
(one of the things i look for when trading these)
GLTA...here's hoping for an exciting week!
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