RE: What do you make of the multiple small trades5 Jul 2019 17:02
As an example John market makers are looking at the following order request on the market:
Sell order 15.02p 10,000,000 shares
Sell order 15.01p 20,000,000 shares
Sell order 15.00p 10,000,000 shares
Sell Order 14.99p 50,000,000 shares
Buy order 14.85p 9,000 shares
Buy order 14.84p 10,000 shares
Buy order 14.83p 1,000 shares
Someone places a market buy order for 20,000 shares is not going to put a don't in the pile of sell orders waiting
Someone places a market sell order for 20,000 shares it is going to quickly erode all the waiting sell orders.
If average volumes are 10mil a day (buy and sell) the share price will be more inclined to reduce regardless of the % buys or sells placed.
Very simplified view of what is occurring but will hopefully shed some light on the share price movements at present.