while trading on a few stocks yesterday, i kept an occasional eye on wmt's market depth yesterday.....and i noted at least a couple of buy orders of a million shares and these orders were shuffled down the queue a few times.......and there were also three lots of one million sell orders that got chewed up. it just too neat.
i enjoy seeing my stocks soar as much as the next person, but i'm not a big believer in coincidence.....there is always an action that causes a reaction. as i said, i hope that all this movement at the station is because some sort of news is on the way.
and who knows, this sort of action sometimes proceeds positive news.....ie insider trading.
WMT
western metals limited
