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Alias Born 07/02/2009

Re: The Bigfoot post# 3007

Tuesday, 08/04/2009 12:32:04 PM

Tuesday, August 04, 2009 12:32:04 PM

Post# of 16651
Companies that want to buy or sell huge lots have the market makets split em up in lots of 100 shares. If they would sell 2.000.000 in one go the stock would either rocket or drop dead.

It is called an iceberg order. So when party 1 has an iceberg order and party 2 buys 50k shares. You may see TONS of 100 sized bigs.

thats the only explanation i can come up with atm.

the spreads are too small and the stock is WAAAY to low priced to normally warrant such trade sizes.

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