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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: ok1day who wrote (53470)8/16/1999 11:28:00 PM
From: kendall harmon  Read Replies (2) of 90042
 
AG-reuters confirms the 500,000 share block.

biz.yahoo.com

A question to the thread. The block definitely crossed at the bid price, yet the price remained virtually unchanged thereafter. USUALLY a block sale of this magnitude results in at least some price decline, sometimes a pretty decent one. How many block trades have people seen like this where there was very little change in price?
Any significance?
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