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Alias Born | 09/18/2018 |
Thursday, July 27, 2023 1:50:44 PM
for OTC nobid penny stocks might not matter
and now is seen as a "Conspiracy theory" by wall street so I trust it's an accurate statement:
orders for shares divisible by 100 are considered "regular lots" and supposedly MUST be relegated to lit echanges (NYSE, nasdaq)
orders not divisible by 100 are considered "odd lots" and supposedly alledgedly are thrown into dark pools (not the intent of dark pools and an easy part of market PPS manipulation, but due to lack of rules, legal.)
one could argue there's no reason to throw UBQU into a dark pool over dollars per million, and according to our trades all our buys and asks are going over the nasdaq a "lit exchange"
but just wanted to note that in the past, folks on this board have wondered...why only 333 shares? or why only 12866 shares?
regardless, when I wanted 1M shares in schwab, I did buy typically 975000 maybe I bought some 999,999 back in my 2019 trip 10 headed to nobid days, honestly i can't remember.
nowadays I don't intend to buy or sell UBQU except in factors of 100 shares.
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