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Re: Er0ck post# 10453

Thursday, 01/14/2010 12:05:57 AM

Thursday, January 14, 2010 12:05:57 AM

Post# of 233828
That sell had me wondering why it occurred!!

Well I had a conversation with another ihubber, and he mentioned one reason that I had heard before but forgot about!!

That is a ALL or NONE sale!!

This will occur at below the bid price and if LARGE enough like this 2.4 million share offerring!!

The MM's will play the price down and sell it at a certain price they seem fair!!

Reason if the shareholder would sell at limit sales, this would not be sold all in one time and the shareholder would have to chase the PRICE DOWN!!

It gives the shareholder a fair price and the MM a fair cut(to much I think)

ID
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y