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Re: day_after post# 82461

Wednesday, 07/02/2014 2:50:59 PM

Wednesday, July 02, 2014 2:50:59 PM

Post# of 163725
Agreed, so here's what I'm thinking with the wall. This is a scare tactic. Someone is posting a 14M wall with an all or nothing fill order. They are doing this because they know that most people can't buy more than 999,999 shares at a time through their broker and for those that can it is unlikely that they will buy 14M at once. This effectively paralyzes everyone into thinking there is some huge scary wall that they cannot overcome since it never moves. Meanwhile the person never has to sell their shares at this low price.