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Non-Tech : Income Investing

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brehm233
To: jwells who wrote (51915)7/25/2025 4:13:24 PM
From: Privately1 Recommendation  Read Replies (1) of 52048
 
Re: Privately, thanks for your response. Yes, I can see my question was not clear. I

I agree with Elroy's response.

a few other thoughts:

  • There might have been a "stub" left from a bigger lot. I often get a partial fill on a sell order that doesn't take my whole offered volume and I get left with a few shares still for sale. You may have tripped into one of those.
  • Someone sent a sell order for a share to "test" the market. As Elroy pointed out, we mere mortals can't always see all the orders that are out there. I learned from Gridbird (who hasn't been seen on this board in a while) to send tiny orders to see where the market is really at. Sometimes you can get fills on tiny orders at better prices than larger orders - although a penny or two is rarely worth the trouble.
  • Lots of trading is handled by bots nowadays and they sometimes do strange things - like buying and selling in odd lots. Not sure what their strategy is, but sometimes they will react to tiny orders (like I mentioned above) with weird responses (like selling a single share).

You can get real time and sales data from a number of sources (for free) to see what trading lots are actually transacting.

For example, I often use free real time's tool at quotes.freerealtime.com (that link is to data on SOCGP - just change the address to put in the ticker you want. You can navigate to a page through their site where you can put in a ticker, but its a bunch of clicks). Also note that they use the ".P" nomenclature for preferred stocks, so MS-E or MS/PRE shows on their site as MS.PE, or quotes.freerealtime.com ("https://quotes.freerealtime.com/quotes/MS.PE/Time%26Sales")
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