Jun 5, 2021 -- 4:30PM, HappyHibby wrote:
the backing of the Stoute horse from about 2.5 to about 1.5 can only have been a very clever profit-taker who layed the Stoute horse short either in the run or in the photo markets imv...well done to whoever that was.
Eliminate such limited thinking as it will hurt your performance – there are a multitude of potentials why it could've happened. Even in your one potential scenario the "clever" profit-taker would not be so clever to move the price so far so quickly, simply giving away too much value, letting it run if their bankroll could take the hit if it lost, dripping smaller bets out (iceberg order), or one big order offered at higher price and left there would all be far better options in the long run