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SPIRENT (SPT) CHARTS & NEWS 2006 (SPT)
FourOaks - Thu, 29 Dec 05 :
The bots are at work again, but I'm not yet sure whether they are trying to buy up shares as cheaply as possible, or walk the price up so that they can then sell into the rising price.
Two orders each slightly over 14,000 shares are being added just above the bid price. If they are partially filled, the balance is immediately removed and the orders are then added again after a few minutes pause.
Yesterday, we also had orders of exactly 22,500 shares being added to both sides of the book repeatedly, but I wasn't watching closely enough to see if either was moved out of the way if it got to the touch.
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