Post by
tsoprano24 on Apr 03, 2024 2:15pm
Weird trading
I was on IHub looking at trades and saw an oddity. From 10:22 till after 12 there was a 500 buy at .19 every three minutes. Maybe 50 or so trades of 500 and every three minutes within a few seconds. There were some bigger buys and one sell in this time frame. I've seen it before elsewhere but still don't know what it means. What is significance of three minute timeframe? At least we have buyers. Any thoughts?
T
Comment by
romara on Apr 03, 2024 2:22pm
TS... maybe some broker sitting their making placed buys...just keeps hitting "Buy" button... ..... Richard
Comment by
tsoprano24 on Apr 03, 2024 2:42pm
Sorry, last post should have said MMY on IHub, not mmtmf. T
Comment by
romara on Apr 03, 2024 4:23pm
TS... Programed buying, done automatically. The broker/salesman sets up a buying program .... then hits the button
Comment by
tsoprano24 on Apr 04, 2024 8:53am
Richard, do you know reasoning behind it versus just putting an order in and waiting to fill? Thanks. T