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Re: HerbieRay post# 108725

Wednesday, 06/28/2017 11:22:46 AM

Wednesday, June 28, 2017 11:22:46 AM

Post# of 424033
someone just sold a bunch of shares tanked from 3.67 to 3.57

Actually if you check out the chart or the high/low, It went to 3.67 to 3.46 to 3.56 in a blink (technical term). Think of it as a mini flash crash.

Maybe someone at Baker Bros tried to sell 10 shares to buy doughnuts and rested on the 0 while he sneezed. Dump 50K and watch the market sell orders trigger.

Hence the stop limit orders I use on something I want to keep.
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