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Healthcare Biotechnology Cannabis

"Emblem Corp is a licensed producer of medical cannabis. It is intended to cultivate and cure cannabis for medicinal use. The group operates in the business segment of production and sale of medical cannabis."

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Emblem Corp > What's the purpose of 100 lot bids / asks?

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Post by spasticated on Jul 20, 2018 1:00pm

What's the purpose of 100 lot bids / asks?

I notice that a lot of the stock action for Emblem is done in 100 lot bids / asks. This seems unfavourable to do with commission fees. Who is doing this? https://i.imgur.com/AgfOAFo.png

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Comment by gkmackdadzzz1 on Jul 20, 2018 1:18pm

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Comment by GrahamCracker on Jul 20, 2018 1:19pm

Yeah it's really strange, buy bids are stacking up and there is way more buy bids then sell bids but someone is selling 100 bid lots at a time, roughly every time 2 minutes from house #79

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Comment by GrahamCracker on Jul 20, 2018 1:26pm

Yup definitely an iceburg order

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Comment by GrahamCracker on Jul 20, 2018 1:29pm

I wonder how big the iceburg order is? The lots are oddly small, only 100 unit lots; it looks like the intention is more to try to keep the price down then to unload a bunch of shares.

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