You refuse to explain, but it looks to me like you're arguing that a 25,000 share ($15k) sell order at market is somehow manipulating the market by providing a substantial sell overhang in a $600m market cap company in the middle of a share buyback.
The only way this is a "blocking sell" is possibly in the intention of the seller. To the rest of the market, it's just a normal sell order, and as the lowest price sell order at the time it was facilitating trading opportunity rather than blocking it.
If someone wants to dump a 5% stake on market, that's a different story. We're talking less than 0.0025% of shares outstanding.
If there's anything that separates a blocking sell from a regular sell other than intended effect, let me know.
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Open | High | Low | Value | Volume |
56.5¢ | 56.5¢ | 55.0¢ | $73 | 129 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 44788 | 55.0¢ |
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Price($) | Vol. | No. |
---|---|---|
56.5¢ | 9924 | 1 |
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No. | Vol. | Price($) |
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3 | 44788 | 0.550 |
1 | 125410 | 0.540 |
1 | 1500 | 0.520 |
1 | 20000 | 0.510 |
1 | 1000 | 0.500 |
Price($) | Vol. | No. |
---|---|---|
0.565 | 9924 | 1 |
0.570 | 9181 | 2 |
0.580 | 57000 | 2 |
0.585 | 6849 | 1 |
0.595 | 100000 | 1 |
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