daytrades may 12 morning ..., page-76

Reply to Tweets:

Hometrader trains its students to buy according to risk management rules which often results in odd-numbered lots. Example: You are happy to risk 1% of your total portfolio value which happens to be $947. The buy for MZI is at .029 and you've determined your stop will be at .023, just under the recent low, meaning you'll lose 0.006 per share if wrong about the trade. $947 divided by .006 = 157,833. That's how many shares you will buy and it's an odd-numbered lot.

Hometrader, and I would imagine other similar training companies, teaches students that it is not necessary to trade in round lots. So seeing a trade like that go through could be insto buying or just a retail trader who's learnt to trade the way described above.