RE: 491.10 Crusty12 Aug 2024 14:23
That's interesting Bullfrog
"Key Takeaways
Iceberg orders are large orders that are split up into lots or small sized limit orders. They are split up into visible and hidden parts, with the latter transitioning to visibility after the former type of order is executed.
They are typically placed by large institutional investors to avoid disrupting trading markets with a single, large order.
Traders can profit off iceberg orders by buying shares just above the price levels supported by initial batches of an iceberg orders."
Knowing what many of us long term investors know and given what is coming you might think institutional investors would want to accumulate and it makes sense to build under the radar.