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Re: siriusadult post# 6128

Wednesday, 05/23/2007 2:01:43 PM

Wednesday, May 23, 2007 2:01:43 PM

Post# of 9101
Buyers and sellers dont have to post the entire order at once, for bigger orders most do not. In this case, a seller has a bunch stock to sell @2. He might be showing the intent to sell 2000 but he could really have 10k more 'behind it'.

This is common, it helps the buyer and seller get a better price and prevents a sudden or panic price fluctuation.

For example, if someone posted a buy order for 500k shares, the stock would jump up as traders would try and front run the order in an attempt for a quick scalp. If that same buyer posted that order a little bit at a time, they would get a much better price for their customer.
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