2 ms·
I am not a WS insider. I just checked $GME its up 6% as the serfs moved on to other trading platforms. Obviously someone is on the otherside of the trade no ?
by fireeyed 6y ago
I am not a WS insider. I just checked $GME its up 6% as the serfs moved on to other trading platforms. Obviously someone is on the otherside of the trade no ?
- kasey_junk 6y agoThat price is based on the last trade to go through on a lit exchange independent of how big it is. I don’t have a full book feed available to see what the book looks like but on my delayed free feed the last few trades were in the 300-700 sized lots. That’s tiny especially if the internalizers have pulled out. My guess is that the book is actually showing some gigantic spread where the lowest sell price with any size is tens of dollars off the highest buy orders. But that’s speculation on my part. [edit] later: just saw a 70k lot clear at $375. Guessing that’s some stops getting hit and clearing that level. The price immediately jumped up over $410. All of this lends credence to my belief that the GME book is crazy one sided and hard to execute into.