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First Tidal Acquisition Corp T.AAA


Primary Symbol: V.AAA.P

First Tidal Acquisition Corp. is a Canada-based capital pool company. The Company is formed for the purpose of identification and evaluation of assets or businesses with a view to completing a qualifying transaction. The Company has not commenced any operations nor generated any revenue.


TSXV:AAA.P - Post by User

Comment by skip_rickon Feb 11, 2014 3:37pm
143 Views
Post# 22197066

RE:We have seen these trades

RE:We have seen these tradesPossibly an "iceberg" order.

Definition of 'Iceberg Order'


A large single order that has been divided into smaller lots, usually through the use of an automated program, for the purpose of hiding the actual order quantity.
Investopedia Says

Investopedia explains 'Iceberg 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.

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