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WillieWonka

02/16/17 5:17 PM

#23113 RE: Risk vs Reward #23111

It's both. For every buyer, there is
a seller, and vice versa.

Someone was looking to sell 6,000,000
shares @.0001, maybe they were testing
the market, or needed cash, or just sick
of holding it-whatever. The point is
that within a short time, someone saw
it and my guess put an order in for
7,500,000, as the bid is almost 1,500,000.
So they got a partial fill.

You don't need to sell at the bid, that is why
they have limit orders. So in this case it
worked out.

Very Interesting.
Wonka