QFX 0.00% 0.1¢ quickflix limited

buy side is stacked

  1. 13,545 Posts.
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    Am I the only one who noticed that the buy side went from about 30M shares to over 100M shares overnight?
    There was a huge wall of buyers this morning at 0.013

    VWAP was 0.013976 , but sold off to 0.013 at the end of the day with a piddling amount.

    Looks like some big buyers are testing the appetite of the sellers by giving them a big volume to sell into.

    If the sellers don't bite, the buyers know they'll have to pay more....because the sellers are done.

    Interesting....
 
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Currently unlisted public company.

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