First, we don't know that "he" was many users, even though I read the same trader alert that you did about ATTN. If I'm trading at BLOC, I don't show up on the Bid/Ask. Why, because I'm using Cybertrader, not a Level II Workstation. So, if you think that ATTN has lots of Level II Workstations laying around and everybody is trading off them, then you could make that assumption. But when I see an ATTN or a BLOC or some other small MM symbol, I'm more inclined to say that it is an experienced trader in front of a Level II Workstation, which incidentally, is much harder to use than CT.
And yes, he may have gotten out, but as you know, you and I are only guessing... |
