I still think its a real buyer
Reasoning : because depending on whether they move it up or down, they change their bid size. Obviously the buyer only has so much to spend.
Now they have dropped down to 4.6 cents, instead of 10mil bid its now 11.
If it was fake, they would just move the 10mil bid around, why bother changing the size of it.
Daytrading May 18 afternoon, page-135
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