RE: Late 5 shares trade.2 Apr 2020 20:51
I don't know if it's true but this is supposedly how mm's signal to one another. You can look it up to get a balanced view.
100 - shares needed
200 - shares needed badly, without taking the stock price lower
300 - take the stock down at least 30% so shares can be bought up from capitulators
400 - trade the stock sidways channel
500 - gap the stock, up or down depending on the 540 signal
600 - start providing resistance around this price level
700 - move the stock up in price
800 - get ready for trading action
900 - let the stock float and trade freely
911 - press release/news is pending
1000 - stop the stock price from running up
2100 - let the stock price run up
Depending on the price of the share it could be 5 or 50 instead of 500. Usually its a pointless trade that doesn't cover the fees. In this case it was done outside market hours as well.
Somebody mentioned there was a gap down earlier? Will see tomorow if it plays out.