by, 20th-July-2009 at 03:28 PM (3403 Views)
I have rarely seen this event, and even now I am wondering whether I am too emotionally attached to a stock or not.
But, over the past few days I have seen larger than normal orders for a minnor stock on the Ask side which seem unusual.
Unusual in the sense that if I wanted to sell $20k of an illiquid stock I would not put the order on market like these guys have been doing. I would just be picking off the Bids here and there to keep the price bouyant.
This is for very junior minows remember, not relevant for a BHP.
Anyway, does 'capping' exist?
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