Frontera Energy Corp T.FEC

99 share odd lot trades

[Frank007]

Has anyone got an idea what that is all about ...seems like the banksters do not want you or the computers to trip something ...it's weird ..

[a2bman]

There are a bunch of people that trade odd lots all day long.  Your allowed to trade them out of the market, so they buy a bunch of odd lots at a discount, make it into lots them sell them at market.  It's kind of like an odd lot arbitrage.  I don't think this has anything to do with the sib oddlots but I didn't read it.  If it said they take all odd lots even over

[Frank007]

No I do not think that's it ...it is between cibc and citedel ...may similar trades ...in the US as well ...there has to be a reason citedel would sell 99 shares ..or anyone for that mater ..100 shares is the standard unit ...?

[CrazyTrader]

I think I noticed that odd lot trades (under 100), share price are not reflected to the market.   For example, FEC last share price was $8.33.      If next trade (buy) was an odd lot of 99 shares for $8.50, when it executes, share price displayed still will be $8.33. I could be wrong. 

[a2bman]

crazy dont you read my posts?  odd lots can trade outside the market ( but still on the market), usually youll see the trade below market, not sure why someone would pay more for an odd lot.  Traders can go trade all around you on the market like your ticket isnt even there.

[a2bman]

frank its nothing, to minor to think about.  I always wondered who was trading all the odd lots on my companys stock.  I finally met him, just an accountant type that basically does it all day long like a job on hundreds of stocks. ok next guess longshoreman?