At least the genuine bidder for 30,000 IGR shares at the top of the 54.5 cents queue should be pleased to be the proud owner of 4 IGR shares, sold down one share at a time.
Selling one share at a time worth 54.5 cents. Disgraceful. And obviously these protected sellers do not have to pay by the trade otherwise they wouldn't choose to push a stock down a half cent by selling one share at a time worth 54.5 cents.
This should be outlawed.
Apart from reverting back to minimum size orders, one way of reducing this garbage would be should the bidder for 30,000 shares cancel the buy order then the standard brokerage for purchasing those 4 shares would have to be paid not buy the buyer, who didn't ask to be drip fed one share at a time, but by the seller/sellers.
In addition, should that purchaser of those 4 shares decide to sell them, the standard brokerage is again paid by the seller/sellers.
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