Yeah, if it was GE or GOOG....
"I figure it is better to buy 1M in 3 or 4 purchases."
HaHa. I'm trying to keep the commission costs down (that would be 3 or 4 orders and commissions, as opposed to only 1), but it can spook the MMs on the sell side, I suppose. At these prices, a million is only a $4500 trade, so not that much in dollar volume. Oddly, the most I can put an order in with at Schwab is for 999,999. Platform won't let me do a million or more on a single order. Pisses me off slightly, actually.
Anyway, I've put in orders like that on the way down and they were gobbled up pretty quickly. It's a tell that it takes even a few minutes to get them filled. Another sign that things are turning our way.....
M78