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Re: fishhunter post# 38862

Tuesday, 07/19/2016 6:18:00 PM

Tuesday, July 19, 2016 6:18:00 PM

Post# of 53702
There is some risk, sure, but based on the orders lined up this morning, very little. Unless someone else stepped in, putting some up for sale was going to be the only way to buy without going up quite a bit in price.

I would have been fine selling, and I left the order up long after buying. It isn't manipulation in a legal sense, like flashing an order could be, or like the tape-painting we see almost daily is. Every order in the gap will have an effect on trading.

Which brings up an interesting point. Why are iceberg orders allowed? Isn't every iceberg manipulation by definition?
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