POET Technologies Discussion Forum

Message: Large bid

I wouldn't get to excited over it ,those types of bids when an ask is thin are designed to get someone to bite thus lowering the next bid and triggering the ask side to follow.

Putting in an order that big would easily trigger a message stateing the bid size far exceeds the shares available and would result in price volitility.Translated means if they really wanted to buy that many shares they would do it in small amounts overĀ  time.leaving it there they know it will never get filled.

New Message
Please login to post a reply