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Re: SLEEPER STOCKS post# 7898

Saturday, 05/05/2012 4:42:06 PM

Saturday, May 05, 2012 4:42:06 PM

Post# of 38564
LUXD needs bid support and ask slapping or the peeps and pps just sit, maybe a little news or awareness would help, who knows.

BS all a "T" trade is:

Shares from a held order being cleared off the desk.

Oh, whats a held order?

A held order is when a seller calls his full service broker (where he most likely deposited a cert of stock)
and tells the broker "sell x number of shares fer a PPS of 0.01 or better, the broker knowing the seller only really wants 0.01 , broker will normally sell a little higher and take a little fer the brokerage and give the seller 0.01 or a drop more.

This is common in a stock when a certificate has been deposited and the broker is selling somw.

These brokers do not have online platforms to trade on, all orders must be called in, they also normally sell bigger blocks but only show 5k on the offer.

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