RE: Massive BREAKOUT on XBI SPDR BIOTECH ETF!!12 Jan 2023 22:12
THE TWO SELLS TODAY WERE BETWEEN MM :-
Yes, i saw the sells. At
15:42:51 12.33p 9,469 £1,168. = BUY
15:48:27 12.27p 150,000 £18,410 = SELL
15:52:27 12.422p 10,000 £1,242 = BUY
Please look at the time.
At 15:45:51 someone bought 9,469 at 12.33p.
At 15:48:27 someone sold 150,000 at 12.27p
At 15:52:27 someone bought 10,000 at 12.422p.
The "OFFER PRICE" went up FROM 12.33p to 12.422p after 150,000 sell. This is not possible if this was a private seller!
So MM are SHORT of stock!!!! This 150,000 was a sale between MM. After the sale the stock price was increased.
Now look at the 50,000 at 15:52:47. Again the office price went up from 12.422p to 12.455p!!
MM moving stocks between each other!!