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High River Gold Mines Ltd HRIVF



GREY:HRIVF - Post by User

Post by Tomwhitfordon Sep 29, 2010 10:56am
612 Views
Post# 17506296

Anyone notice this lately

Anyone notice this latelyOk I've been scalping this on and off and catching breakouts. Lately though I've noticed a trend with my sell orders. This is how it's happenning and I've never seen it before can anyone tell me what is going on:

The bid and ask ratio goes out of whack

ie

Ask                           Bid
8000                        50000         
1.22                          1.23


Now I sold 8000 shares at this price, however right after the order goes through it doesn't lower the bid in fact RIGHT when the order goes through the Ask increases like this:

ie

Ask                           Bid
12000                        50000         
1.22                          1.23


Now I've done this multiple times (Today and Yesterday I traded 4 times)where the ASKS stay up and you can continue to sell into them without the Bid and Ask moving lower..

've never seen this before does this mean someone has a program that at the speed of light puts up a newbid after the last was taking down? Is this a sign of accumlation?


Thanks for the help,

Tom
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