Post by
egaman on Nov 02, 2017 3:51pm
One phenomenon I will never understand...
Why ppl jump up & down when they see a large block of shares being crossed:
1. Agreement between previous&new owners could have taken place many hours/days before, and now only "reported" on the ticker/chart
2. Somebody wanted to scoop up some huge shares
3. Somebody was also (in a hurry) to dump an equivalent huge number of shares
Why I never paid attention to this plus the spread & level II. They neither influence the SP, nor do the charts really care for them...
Comment by
wallstreetwizrd on Nov 02, 2017 9:33pm
For someone who says he doesn't understand it or pay any attention to it sure spent a lot of time writing about it.. lol