JP,
>>> If a seller shows up,
and when I say a seller I mean someone with 10 million shares to unload, The reasons for selling or buying won't matter. <<<
OK, let's analyze this! If a 'seller' does show up with 10 million shares to sell, they won't 'dump' it all at once because 'nobody' could 'fill' that order in a 'timely' fashion, and while the initial shares would bring the 'highest price', the 'latter' shares would suffer serious value erosion by the time they were sold, and consequently, the overall sale price would be lower that if the shares were traded in smaller blocks! I don't believe that any 'seller' would want to sacrifice a profit to just 'crash' a stock!
So now we would have the 'dribbling' effect of stock transfer from a 'seller' to a buyer! 10 million? How do they count the trade now? Is a 14 million share day 7 million sold and 7 million bought? Any way it goes, it seems to me that a 10 million 'seller' day plus the rest of the sales, would just be looked at as 'heavy trading' for that day!
JMHO
Regards,
Ken |
