RE:RE:RE:curiousScorpio2 wrote: the Angel theory makes sense. I can see a strategy like this at least being able to prevent a flash crash by putting up a series of decent sized price walls. Seen a few of those before and they are not fun especially when the bid side is thin. The crasher comes in and sells a minimum of shares to drop the price, then picks up the shares available at the lower level price where there is a "stop". Rinse and repeat. Drop the price another 5 or so cents and scoop up all the shares at lower "stop" levels below the current price.
Yeah, it is nice to see these walls form on the bid side for once, on TLT.....