TPI is down 5%, and you claim that someone accumulating the stock is stepping in front of your bids? Are you a lunatic? If an agressive buyer was stepping in front of your bids the stock would be up 5% instead of down 5%. TPI is down because shareholders want to sell, there are few interested buyers, and the price has to drop until it entices enough buyers to step forward so that demand equals supply. Do you understand anything about markets?
Intermarket Sweep Order A limit order designated for automatic execution in a specific market center even when another market center is publishing a better quotation. When sending an Intermarket Sweep Order, the sender fulfills Reg. NMS order-protection obligations and NYSE Rules by concurrently sending orders to market centers with better prices. These orders are not subject to auto-routing and must be marked with a trade indicator of “F”.
Anyone know more about intermarket sweep orders, or Reg. NMS?