Good, thanks for confirming buyer behaviour which is to split buy orders into smaller parcels.
Since most buyers do not tip in $700k at a go, and this is the exception rather than the rule, it is indeed noteworthy when single orders of more than $60k come through during low volume periods because it shows spurts of buyer impatience.
If they meant nothing they would be occurring every hour rather than once a day or once every two or three days.
Fact is we are in a low volume period with little news flow when buyers are trying to accumulate on the sly and in this context such orders are indeed significant. Ciao.
Personal opinion, pure speculation, DYOR, seek peofsssional advice, I'm no expert etc
Good, thanks for confirming buyer behaviour which is to split...
Add to My Watchlist
What is My Watchlist?