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HokieHead

02/21/18 11:31 PM

#22926 RE: HokieHead #22368

Hit close to days bottom with these, tucked away for a while now :-D

Iluvbbs

02/24/18 11:22 AM

#25166 RE: HokieHead #22368

What a perfect post to fully explain to those people who asked yesterday......"What's with all the 10000 share trades" and like others here trying to explain what T-Trades are.....

HERE is where a MM filled 10000 of a 250K order just to LOCK-IN the commission fee for the trade WITHOUT the ALL or None box being checked.

Since HH did not place his order with a (AON) box check, the MM's filled 10000 of the order and did it again and again and again to other large order buyers.

Two things happen HERE.
1) the buyer PANICS and changed their 249,000 share order to another price in which case they get banged for another NEW commission fee

OR
2) the smart buyer just leaves the order alone and if the price comes back or near the buyers specified price during the entire 6 1/2 hour session, the order will be filled at the ORIGINAL buy price WITHOUT any further commission fees.

The lesson here is don't let the brokers/MM's STEAL your money through FEES.

GLTA

Have a great weekend


02/21/18 Bought 10000 of LDSR @ $0.0074 -78.75
02/21/18 Bought 2490000 of LDSR @ $0.0074 -18,426.00