Can somebody offer possible reasons why on ANP there are two buys for 5 mill each at 2.5, comprising 10 of the 11.7 mill buy in that queue? And considering that current SP is 3.0 and there is reasonable buying depth from 2.9 down to that 2.5.
I am just looking for explanations as to why two massive orders like that would be placed there?
Would pros do that in advance of a big sell down to force the price to those levels? Or is it to create the impression of false support at the 2.5 level?
Would appreciate some "educated" opinions! Thanks..
