Replies to post #12008 on Aurora Acquisition Corp (AURC)

[BELIEVER]

eky-

I agree, it's fishy. If we go with the idea that the MM's
make money on volume then I can see it only has a vehicle
for them. Since they will sell and buy at some number in the
box. If on the other hand they are uncertain as to how this
thing might move then they are also creating uncertainty by
playing games with the true B/A versus the stated. Just MHO

Mike

[BonelessCat]

Watch the ticker. Small fills at the ask or at a higher price, and bigger fills at lower prices. I noticed dozens of sales going through today in 200 to 5,000 share blocks at or close to bid and these sales immediately followed 5,000 to 50,000+ share range at higher prices. Larger orders take out a larger price range to fill. That leaves a gap. MMs, who want to walk down a price will hold orders off the que and insert them following a larger sale. To legitimize the lower price, they will fill small orders at bid. My favorite is when I try to buy at ask, and wait an hour, then change the price to split the bid/ask and it fills within a few minutes.