Mexus Gold US (MXSG)

[A Dinosaur]

Have you ever sold a block of stock?

It can take several days to sell a large block without causing a major effect on the share price. If he had just placed a sell at market for 350,000 shares, that would have cratered the PPS. Since he placed one order - sell a block of shares - the sale isn't over until it's over. (My apologies to Yogi.) The block trading desk handles it. They usually try for a cross - a single buyer purchasing the block that doesn't even show on the tape. You get one confirmation slip. I'm surprised they even showed him the pieces of the sale. They must have changed those rules.

He reported, what to him was one trade, when he was notified of the sale.

Dino