Hi Garyst..... I just started using L2. I was wondering if you have any opinion of what might be happening with a stock I hold. (STOA)
The O/S is a little over 16 million. There was an ask of .002 by ATDF for 345,000 shares.
BKRT was on the bid at .0018 for 10,000 shares.
I bought 200,000 at .002. It not only knocked ATDF off the ask, but was filled as 2 separate orders (165,700 & 32,500).
None of this is really out of the ordinary so far. What I found strange was that , although BKRT was on the bid for .0018, as soon as my trade was completed, BKRT not only remained on the bid (@.0016), but also went on the ask at .0022.
Can you or anyone fathom the reason for such machinations by BKRT? I know he will usually be on one side or the other. But the strange movement and ending up on both trading sides is strange (so I am told) for that MM.
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