Wednesday, November 22, 2017 9:13:44 AM
Full read here: https://equity.guru/2017/11/16/unreliable-actors-nexus-gold-nxs-v-got-shanked-dark-money/
Also, if you want to absolutely gut punch a stock, and don’t want it being traced back to you, you might go dark.
You may be surprised how often you’re buying from, or selling to, or had your expected sweet price snapped up a millisecond earlier than your trade by dark pools.
This is not a small thing, in fact 40% of all trading in 2014 came through off-exchange trading, and it’s not put in place to protect the little guy. At all.
But if the seller wants to crater the stock, then they’ll just keep dropping it, a few hundred K at a time, getting it low enough that the sells begin to trigger stop losses, meaning investors who have told their trading desks to sell a stock if it hits a certain point, will hit that point and have their asset sold automatically. This further lowers the share price, and creates an investor vacuum where folks decide to get out until the dust has settled.
Panic ensues. Long holders start asking questions of themselves, like, “How much money am I prepared to lose on my faith that this company is good?” and “Do I have enough money left to pay my rent if I sell right now?”
Little Timmy needs braces and so dad dumps to the market.
Sounds similar? I hope all longs are still intact here and ready for an EPIC RUN 2018!!
https://equity.guru/2017/11/16/unreliable-actors-nexus-gold-nxs-v-got-shanked-dark-money/
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM