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chas1

11/26/14 3:26 PM

#61232 RE: driver103 #61231

That would be a flipper selling off a few shares to lower the price.
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jotuk6771

11/26/14 3:41 PM

#61234 RE: driver103 #61231

This can be a tactic too . If you have shares to sell , should i say flip , @.0013 and you have a buyer with a 2M daily order @.0012 who don't want to move up his offer ... you fill him 5000 shares on his 2M order which will collapse at the closing bell ... The buyer is upset as he will only get partial fill not even worth the commission ... So maybe you have a chance he will finally prefer to buy your shares @.0013 instead of taking a micro lot which will need to double to cover the commission ...