Don't sell $750 Million at once -- it drives down the price

by Stephen Ostermiller on Oct 15, 2014 | Views: 95 | Score: 2
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Stephen Ostermiller
Stephen Ostermiller on Oct 15, 2014 6:28 AM said:

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.

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