Yes that is the other theory I have is that they place the large buy orders to create a FOMO to entice other buyers to step up above the bid price.
Anyway is interesting to watch each morning and often people notice and post on the pre market day traders forum that LVT looks set based on buy volumes.
All good if it creates interest in the stock and attract buyers.
What got my attention were some posts on LVT a few weekends ago on HC by T.E.P as I had never heard of Livetiles.
And whilst I type a close at the days high. Nice close. I am already in the money !
GLTA Tymmsy
LVT Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held