Replies to post #40659 on Movement Industries Corp (MVNT)

[SooS416]

Well if a stock has higher consistent volume but volatile, it can be MM;s just trading back and forth to keep balanced quickly and close out trades.

There are other reasons for double prints, one being large standing order to load shares, so I as someone who wants to load a large portion of shares but am not a trader and not sitting in front of a computer all day and not wanting to just spike the price by putting in crazy orders can create a standing order with a MM stating I want to buy $X amount of shares, optimize the price and the amount and the MM will methodically execute the orderas directed. Often that can happen with these double prints.

I lead to the second go along buyer with what we are seeing here

Here is an explanation of that

Double prints are exactly what you want to see in strong and weak stocks. A double print means you have two buyers in the stock. You have to watch very carefully though. Even if you are watching, they are sometimes hard to see, you will simply see size flash twice very quickly. And don’t always assume its big size. Sometime you’ll see 200 shares flash twice. What is happening here is two buyers have left stock for the specialist to work. So any sales that come into the market, the specialist will split the order and give half to buyer A and the other half to buyer B. The reason brokers leave these orders with the specialist is because they don’t have time to stand at the post all day and they also don’t want to let another buyer push the stock up without them getting any.

This leads to another variation of this called the go along buyer. It means when a broker knows there is a big buyer in the stock who is carefully buying at good prices. Instead of standing there all day and trying to work the stock, he will leave instructions with the specialist to tag along with the other buyer. In other words, whenever buyer A buys stock, I want to buy stock there too, same shares, same price.