you can tell. No action for many minutes at the open. Few thousand shares then just sits while an off exchange bundle takes place. Less than half of equities traded are not on the listed exchange. That is why there are such dramatic dime shifts.
[This is only what I think at this point in my education and experience.]
looking at nasdaq for all trades today appears to be small incremental 100 share trades moving the change in pps. This low float is another consideration also not a lot of institutional holders. In any case as long as we go up it does not matter who buys.
Hi M...this is a tactic used by larger player to accumulate push pps down..watching level II..do see the small offers..hoping to grab shares lower...shaking the tree...look at vol today...great e report nothing wrong here all good..GL all..
Thanks. If you have access to trade by trade data, it would help to post from time to time, your observations.
Not every day, but when you see something noteworthy and educational for us traders in our second year.