Traders Laboratory - View Single Post - Smart Money Buying? 100,000 Shares...
View Single Post
  #2 (permalink)  
Old 02-11-2008, 04:20 PM
Soultrader's Avatar
Soultrader Soultrader is offline
Soultrader is focusing on discipline.

Trader Specs
 
Join Date: Aug 2006
Location: Tokyo, Japan
Posts: 3,218
Thanks: 162
Thanked 467 Times in 208 Posts
Send a message via Skype™ to Soultrader
Re: Smart Money Buying? 100,000 Shares...

Its possible that its institutional block orders placed at the close. Could be one party or a number of parties orders grouped together. Possible that a hedge fund took a long position for its portfolio.

__________________
James Lee - Founder
Forum Guidelines | Forum Manual | Support Coder | Report a Bug
------------------------------------------------------------------------------------
Empowering traders with knowledge.

Please support TL by visiting our sponsors. Thanks!
Reply With Quote