Don't sell $750 Million at once -- it drives down the price
by Stephen Ostermiller on Oct 15, 2014 | Views: 140 | Score: 2
Sources:
zerohedge.com
Share:
by Stephen Ostermiller on Oct 15, 2014 | Views: 140 | Score: 2
of
of
A single seller caused a 9 point drop in the S&P 500 index by selling too much stock at once. This move ate up all the buyers, causing stock prices to tumble. A better strategy would be to space out large sells over the course of hours, days or weeks, certainly not all in one second.