Westside Acquisitions Share Discussion Threads

[opthalmist] 28/4/2004 16:38

Other possibility is when someone has accidently typed in the wrong number of shares to sell at an earlier time, then decided to get rid of the odd amount left at a later date.

eg I have 10930 shares, but in a hurry I type sell 10390 shares.

This leaves me with 540 shares, which I leave for a while since I don't want to spend an extra £10 or whatever dealing fee to sell £20 of shares. But one day I decide to get rid of them to tidy up my portfolio screen, hence sell 540 shares.

[dj_curtis] 28/4/2004 16:29

Just spoke to a colleague of mine that used to work on the trading floor. Doesn't anymore I hasten to add otherwise I would be best buddies with him at the moment :0) I only thought of asking him after posting the question.

He said that the small trades which aren't worth much could just be from someone playing with the chart. For example if those two sells hadn't gone through then we would have finished up 4.8% on those previous trades. However due to those very small trades the MM's were able to bring the price back down. He said not to read too much into it.

The other thing he said was that it could be down to some one using a Black Box to trade. It would just clear out certain stocks in the portfolio of a user automatically without User intervention.

Sounds reasonable to me.

[dj_curtis] 28/4/2004 16:19

That wouldn't even buy you an Investors Chronicle.

[the jaberman] 28/4/2004 16:16

lol

someone in dire need of dosh

[willybaby] 28/4/2004 16:16

I dont understand the small sells either, i saw one the other day which came to a total of £2.20. Why Why Why?

[the jaberman] 28/4/2004 16:15

willy

behave mate

lol

[willybaby] 28/4/2004 16:14

I apologise again then Jaber

[the jaberman] 28/4/2004 16:10

so they dont use telephones then ursamajorra????

[ursamajorra] 28/4/2004 16:09

it may be a signal from one mm to another

[dj_curtis] 28/4/2004 16:06

just noticed a very small trade go through. Why do these occur, I can't believe someone just sold that many shares, I have seen this a few times in various companies.

Can anyone enlighten me?

[the jaberman] 28/4/2004 15:57

no mate im not, but im looking at how new investors will see this thread, and that wont help mate.

[the jaberman] 28/4/2004 15:12

carry on posting like that and no one will come to this thread.

[dj_curtis] 28/4/2004 15:09

good idea. I like it. LOL

[willybaby] 28/4/2004 15:00

interested!!! :-)

[willybaby] 28/4/2004 15:00

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