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Re: Apophis post# 59672

Friday, 08/18/2017 12:22:56 PM

Friday, August 18, 2017 12:22:56 PM

Post# of 66405
Goldberg and/or his noteholders will first need to create volume into which they can dump - the broker dealer sells the stock at Market price through the day in individual transactions that are averaged at a price, then they discount their commission from the averaged price and buy the shares from the block position less the block position fee. It's posted to the tape since the cost is different from what they sold to market.

On triple zero stocks like INOH, they will show up as 5 or 6 digit trades. For instance if the trades were all at $0.0001, you'll see the dilution from block positions show up as $0.000099, $0.000098 or $0.000097 which is the price minus the block fee commission.