Re: Anonymous and their buddies
in response to
by
posted on
May 17, 2012 12:29PM
Its blatant and premeditated in order to cap the share price using an Iceberg sell order.
When large participants, such as institutional investors, need to buy and sell large amounts of securities for their portfolios, they can divide their large orders into smaller parts so that the public sees only a small portion of the order at a time--just as the 'tip of the iceberg' is the only visible portion of a huge mass of ice. By hiding its large size, the iceberg order reduces the price movements caused by substantial changes in a stock's supply and demand.
Read more: http://www.investopedia.com/terms/i/icebergorder.asp#ixzz1v9392tkj
Recent Trades - Last 10 of 30
Time ET | Ex | Price | Change | Volume | Buyer | Seller | Markers |
11:47:38 | V | 1.00 | 0.02 | 1,000 | 101 Newedge | 1 Anonymous | K |
11:47:38 | V | 1.00 | 0.02 | 7,500 | 39 Merrill Lynch | 1 Anonymous | K |
11:47:38 | V | 1.00 | 0.02 | 10,000 | 39 Merrill Lynch | 1 Anonymous | K |
11:47:38 | V | 1.00 | 0.02 | 14,000 | 39 Merrill Lynch | 1 Anonymous | K |
11:47:38 | V | 1.00 | 0.02 | 10,000 | 39 Merrill Lynch | 1 Anonymous | K |
11:47:38 | V | 1.00 | 0.02 | 23,500 | 39 Merrill Lynch | 1 Anonymous | K |
11:35:41 | V | 1.00 | 0.02 | 4,500 | 85 Scotia | 1 Anonymous | K |
11:35:41 | V | 1.00 | 0.02 | 500 | 85 Scotia | 1 Anonymous | K |
11:19:05 | V | 1.00 | 0.02 | 2,000 | 28 BBS | 1 Anonymous | K |
11:19:05 | V | 1.00 | 0.02 | 3,000 | 28 BBS | 1 Anonymous | K |