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Re: docj post# 49181

Saturday, 11/16/2019 10:27:54 AM

Saturday, November 16, 2019 10:27:54 AM

Post# of 232330

Average volume and turnover for popular and growing mid-cap bios can be quite high (see e.g. Amarin with at at least 3-4m shares à 15-20$ traded per day).

500k shares at $10 = 5m wouldn't be that much I think. When it gets to $10 that presupposes big revenues in combo, positive cancer data, mono success etc. At that rate, 500k could be 10-20% of daily volume. Sure, if you throw them on the market without a limit at any price, SP will tank. But sold with a limit with partial fills, it might get through within a day. If not, several partial orders over a couple of days will surely do it.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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