Originally Posted by
percy
Two things.Should I ring Craigs to sell 5,000 or 50,000 TRA, and they sell/cross them to another Craigs client they are shown as SP.Which is what was shown with 200,000 today and 100,000 yesterday.I do not know which broker crossed these shares.
Secondary liquidity is being able to sell 50,000 to 100,000 TRA,however way it is done.Before TRA's result if I had tried to sell 50,000 I would have driven the price down to possibly $2.50 from $2.95 ,because there were only about 10,00 on the buy side.
Tonight there are 104,876 shares wanted from $2.90 upwards.That is only what is wanted on market.So to sell 100,000 tomorrow could be done either on market,or maybe off market,.
What this means is LIQUIDITY.