Look at the usual trader's impact on SP..
Someone bought 185,185 yesterday at 2.7.
Immediately listed 2.9 sell.. for a quick profit!
no...
Again, all it does is stack the sell side, and push the price down.
Is it a stupid trader, or the pros!?
Best (or worst case for accumulating pros) is a quick profit..
Or, help hold the price down, while getting cheap fill.
Now the order moves to 2.8 today, and the price drops to 2.6.
If it's a trader that has to sell within t+2... enjoy your $185-370 loss, plus brokerage x2, if dumping today!!!!
Might be a bargain buy for anyone wanting to lob in a 2.6 buy today
Look at the usual trader's impact on SP..Someone bought 185,185...
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