5 ms·
(Very) Large trades already go through slowly unless you’re buying/selling a high volume stock at market. Also when they say insiders already heard the news it’
by okwubodu 5y ago
(Very) Large trades already go through slowly unless you’re buying/selling a high volume stock at market. Also when they say insiders already heard the news it’s more like days ahead, not hours.
- dheera 5y agoI meant to delay it by more than that. If you own 100000 shares of AMZN, it should take an entire quarter for your trade to go through. You will lose money if there is bad news. If you own 1 share of AMZN, it should take 1 ms. If you are a super well-networked intern and figured out the bad news, bravo, you just made a bunch of money.
- deleted 5y ago[deleted]
- deleted 5y ago[deleted]
- mahkeiro 5y ago100000 is 3-5% of daily volume… your trade will go during the day with limited effect (except if you create a at market order for 100000)
- ipaddr 5y agoThat would cause an fake increase of stock price temporary keeping it artificially higher. Meaning anyone buying would be paying more than the actual value. The next thought would be wouldn't the market correct for this? It doesn't know if I'm going to sell 100,000 at once or 1,000 shares daily for 100 days.
- dheera 5y agoI was thinking that if you possess a lot of shares, your orders are all forced to go through with a several-day (even -month) delay, regardless of the size of your trade.