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Replies to #47035 on lowtrade

Swimmingly

03/14/20 7:25 PM

#47036 RE: Nebuchadnezzar #47035

It's a large order from a market maker that was executed throughout the day and entered as a T-trade after the market close in totality.

lowtrade

03/16/20 5:04 PM

#47038 RE: Nebuchadnezzar #47035

As Swim sad, An after hours trade is often large because a M&M was requested by their client to hold their investment till afterhours. Thus when planning to trade over 10% of the ADV their entry will not drive the price in the direction they are trying to sneak in at.

The "T" trade could be an accumulation of many buys during the day. And being unreported they don't effect direction. Driving a run past their entry wanted. Block order, especially during an up day can change sentient and emotion. Running price higher then wanted.