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To: No Mo Mo who wrote (1468)7/27/2009 1:59:23 PM
From: Rocket Red  Respond to of 233882
 
lots too buy or lots too sell



To: No Mo Mo who wrote (1468)7/27/2009 2:00:17 PM
From: stan_hughes  Read Replies (1) | Respond to of 233882
 
tsx.com



To: No Mo Mo who wrote (1468)7/27/2009 2:01:14 PM
From: pocotrader  Respond to of 233882
 
many bids the same price so buyer tries to be sneeky about their buys is my understanding



To: No Mo Mo who wrote (1468)7/27/2009 2:07:44 PM
From: Condor  Respond to of 233882
 
Iceberg Order

What Does Iceberg Order Mean?
A large single order that has been divided into smaller lots, usually by the use of an automated program, for the purpose of hiding the actual order quantity.

Investopedia explains Iceberg Order

When large participants, such as institutional investors, need to buy and sell large amounts of securities for their portfolios, they can divide their large orders into smaller parts so that the public sees only a small portion of the order at a time--just as the 'tip of the iceberg' is the only visible portion of a huge mass of ice. By hiding its large size, the iceberg order reduces the price movements caused by substantial changes in a stock's supply and demand