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Mega Precious Metals Inc MPRXF

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GREY:MPRXF - Post by User

Mega Precious Metals Inc
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Comment by mpsl45on Sep 15, 2010 3:44pm
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Post# 17452414

RE: RE: iceberg order at .61!

RE: RE: iceberg order at .61!
Let's say a seller has 100,000 shares he wants to sell.  If he shows 100,000 shares for sale all at once, a thinly traded stock might plummet in price because of the uncertainty generated by such a large sell order.

The seller's stockbroker/trader will only show about 5,000 shares for sale.  This is the tip of the "iceberg". The trader  keeps filling buy orders until the 100,000 is all sold.
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