Could these huge crosses be the result of large accumulation of a particular stock by the house in question for a hidden buyers( the accumulator, and typically a preferred customer) huge order on the book.
The number of shares accumulate through regular trading cycles over time until the order is filled, once filled the house effects the cross and the buyer receives his shares, the house gets its commission and for appearances sake everyones’ happy, imo we/ve lost out on the potential sp rise had the order actually shown up as a 500,000 order or say 5 @ 100,000 these generally would have resulted in sp increase, no.
But they accomplished what they set out to do…accumulate for the hidden buyer and they did not drive the price up, which by default allows them to continue…ACCUMULATING. The huge cross…confirmation of accumulation, am I right in my theory?? Can anyone help me out here?