RE:RE:big blockIf you have big dough, this is how you force the share price down.....whopper of a block, and anyone else who wants to sell, has to come in below you. It caps the share price. REasons?
They want to buy at a lower price.
They want to impact the price for some agreed sales......normally though, when you see the price walked down, its for a specific trade, and doesn’t last more than a few hours, or a day.
They actually have a big block of stock to sell, and they want the market makers to get involved to find a buyer. Stuff it in their face, and they will have to get rid of it.
Lots of reasons, not sure what this one might be all about.
Cheers
MC