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Message: Iceberg orders

Iceberg orders

posted on Nov 12, 2009 04:44PM

Thanks Lunch, for helping me get an understanding of iceberg orders. I guess you can't blame a house if they have a big buy or sell. No point in giving day traders a shot at easy money.

http://www.investopedia.com/terms/i/icebergorder.asp

It is ironic that Credit Suisse was a huge seller when the debentures were being converted, and now they have been buying with Iceberg orders the last couple of days. Now I guess it is Citigroups turn.

http://agoracom.com/ir/SanGold/stock_quotes?qm_page=82496

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