its a conditional order that triggers your e-broker to put on market an at limit order... the condition is the reaching of a certain price point... so for example you set it up so that if AVB sp drops to 10c, a parcel of your shares get put on market at 10.5c... this is so you don't get flogged on sudden movements IE can limit your losses on big swings... also appears O has it set up that certain amount of volume is also a prerequisite to trigger the placement of the at limit order IE in this case so his stops don't get triggered by mere "manipulation" but rather on a "genuine" sell down...
am i right on that O?
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