Level 2 at the close today | Level ll Quote |
| Bid | | Ask |
Price
| Total Size
| # of Orders
| | Price
| Total Size
| # of Orders
|
| $5.49 | 54 | 2 | | $5.55 | 137 | 3 |
| $5.45 | 102 | 1 | | $5.56 | 40 | 1 |
| $5.43 | 102 | 1 | | $5.57 | 122 | 2 |
| $5.41 | 112 | 2 | | $5.59 | 202 | 3 |
| $5.40 | 10 | 1 | | $5.61 | 102 | 1 |
| $5.39 | 152 | 2 | | $5.63 | 102 | 1 |
| $5.38 | 3 | 1 | | $5.65 | 100 | 1 |
| $5.37 | 102 | 1 | | $5.68 | 70 | 1 |
| $5.36 | 10 | 1 | | $5.69 | 100 | 1 |
| $5.35 | 2 | 1 | | $5.70 | 160 | 1 |
Look at the out-and-out pps buy/sell strategy: 3 separate buy orders by one buyer for 102 board lots.
And, I assume, the same individual offering two 102 board lots on the ask side.
Obviously this individual does not know how to easily hide his/her end game.
Also looks like some folks are trying to slow the price advance while they scoop up cheap shares.
Smart move if they can achieve their goal.
BTW a buy @ $5.45 of 102 board lots costs over $55,000.