£1 is THE REAL TEST

by: bullrallystocks
"When a trade goes thru and the price Jumps from 70.5p to 72.25p Common sense tells me and everyone else that it was a Buy. If the price dropped I would consider that a Sell. It would be difficult for anyone to Sell 500,000 shares at 72.25p (the High for the day). "
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A 'T' trade is NOT a tender as stated by coolzorro46, it is as follows:

'T' If reporting a single protected transaction. A protected transaction occurs when a large order is going through the market. The buyer (or seller) may wish to keep the order anonymous from the rest of the market as the size of the order could greatly alter the price of the stock. With a protected transaction, the dealer will put the trade through in small quantities rather than knock the whole order out in one hit. The entire transaction is reported once the deal is completed. The LSE is notified at the start and at the end of the transaction. However, the market as a whole isn't told until the end, thus the order is protected.
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Further, the bid (ie price for sells) for the day ranged from 69 to 71.5, outside the range of this transaction. However the offer (buy) price ranged from 71 to 74. Thus the simple average for the offer was 72.5, similar to the price for this transaction (which was probably volume weighted). QED it was a buy.

BULLRALLYSTOCKS 1 COOLZORRO46 0