GREY:LFDEF - Post by User
Post by
colt451on Aug 04, 2017 11:22am
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Post# 26547663
Trading Patterns
Trading Patterns Today is a perfect example of what I was talking about.
Trading pushed the PPS from ~$1.25 to $1.13 leading to people posting about "leaks."
As of today, there are relatively large bids at $1.19 and large asks at $1.2. Logically if someone "knew" bad news was in the pipe and was willing to sell at $1.14 they would love to unload at $1.19.
But instead, we are seeing the PPS being controlled by someone on the bid and ask. I wouldn't bother looking at "who" is trading, it isn't exactly hard for large traders or funds to operate out of multple houses.