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re: **ds** question about depth I suspect someone was worried...

  1. ds
    7,131 Posts.
    re: **ds** question about depth I suspect someone was worried about it running away so they offer some of their stock just out of reach and that settles the mkt and adjusts peoples expectations - everyone will be wondering if there are sellers still sitting above the mkt while they slowly accumulate. Of course the opposite can be the truth where they are cxling orders to make it look thin on the offer in the hope of getting it to run. With yesrterdays buying and the size of the orders I suspect that there is still demand around and they are trying to keep it in the range they want to buy in. I used to do this but once got my offer swept and lost my position just before it ran about 30% in a day (different stock and a long time ago) so I learned my lesson.
 
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