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Bullboard - Stock Discussion Forum Lakeland Resources Ord LRESF

GREY:LRESF - Post Discussion

Lakeland Resources Ord > All Selling Anonymous: Oh Dear!!
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Post by Stooge on Jan 28, 2015 10:13am

All Selling Anonymous: Oh Dear!!

In the first few minutes of trading today there were 17 trades exchanging 278,800 shares.

278,000 of those were sold Anonymously.

Does someone with inside connections know s/he shouldn't wait around for drill results?
Comment by AllDutch1234567 on Jan 30, 2015 10:49am
No, nothing to worry about. I looked it up: ..We find that most trading occurs non-anonymously, contrary to prior literature that suggests liquidity gravitates to anonymous markets. By strategically using anonymity when it is beneficial, traders reduce their execution costs. Traders select anonymity based on various factors including order source, order size and aggressiveness, time of day ...more  
Comment by Stooge on Jan 30, 2015 11:13am
Sellers were all Anonymous. Buyers were using retail brokers.
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