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Short Term Trading Week Starting: Tues 3rd Apr, page-258

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bossivic

19,029 Posts.

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05/04/18

12:01

Post #: 32239510
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Originally posted by UmiTrader ↑

I checked PCK broker buy - sells for the past month (I am a large holder). Pershing were a net buyer of 10 million shares and Commsec were net sellers of 4.5 million. My broker tells me it could be Shaw Stockbroking, who use Pershing apparently. I guess you would say that is a positive sign. I was a bit rude yesterday mainly because I was still thinking about a previous poster who presented TAR as a dead certainty, I should have just said you need to be very careful about using broker data to interpret trades. I hope you accept my apology and we move on as we both spend a bit of time around here.

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Pershing are +12.9M net since March 1

mainly retail selling

so certainly positive from BD perspective

and yes totally agree BD is not the holy grail just a useful tool

always trend 1st
data 2nd

Last edited by bossivic: 05/04/18

XAO Value at posting: 5,895.9
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