Tag: backer
The big backer
If you are active on the markets, then I am sure you may have seen this character around. If not then they appear fairly regularly recently, either trying to get filled at a certain price or just deliberately trying to stop the price from moving. I think it’s an odd strategy, as dipping in and around the markets is like playing poker. You don’t want to show your hand!
When somebody shows their hand like this then it’s an …
Big backer back
I’m sure you have seen this from time to time, but it appears a big backer is back in the market. Southwell was subject to some unusual moves yesterday but it was at Catterick that the unusual activity stuck out like a sore thumb. Despite studying the moves yesterday, I couldn’t really see a pattern. You can see in the chart below the two big volumes spikes that occurred when the price was smashed in.
Whether you trade the favourite …
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