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GT Advanced Technologies, AŞ Message Board

  • moniventure moniventure Jul 29, 2014 11:48 PM Flag

    Down on twice the daily volume, 20 million shares

    some MM unload the shares today. any idea why or knowing which MM unloading the ~10 millions shares? appreciate some unbiased view point. thanks

    Sentiment: Buy

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    • You likely have this all wrong. The function of a market maker is to create and maintain a liquid trade. They do this by matching bid and asked orders. They will take a counter position during periods of limited liquidity. So, let me ask you, if the market makers had a position in this stock right now, do you think it is long or short?????? Don't think to hard about this one.
      What you saw today starting at about 10:00 am, was algorithmic trading. Both buying and selling. This was not market makers and it was not retail. Sooooo....

 
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