Hey guys, I've been watching a stock lately to try and learn a bit about the stock market.
LNG is the company, and today just before close there seemed to be a new bid placed well above the normal bids and offers.
I have attached a picture of this.
Now, my question is, according to stockness it appears this trade wasn't actually completed? How does this happen, and what would the 'buyer's' motive be for doing this? Is it a simple play to try and generate more interest etc? Is there risk that they would have had to buy the stock at that price (assuming they weren't genuinely buying?).
EDIT - as I'm working off delayed data, could I assume it's in this last trade?
So, is this an example of an 'at market' bid?
Cheers guys!
LNG is the company, and today just before close there seemed to be a new bid placed well above the normal bids and offers.
I have attached a picture of this.
Now, my question is, according to stockness it appears this trade wasn't actually completed? How does this happen, and what would the 'buyer's' motive be for doing this? Is it a simple play to try and generate more interest etc? Is there risk that they would have had to buy the stock at that price (assuming they weren't genuinely buying?).
EDIT - as I'm working off delayed data, could I assume it's in this last trade?
So, is this an example of an 'at market' bid?
Cheers guys!
