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by sfn42 457 days ago
Why would lots of shares available at 5.05 cause others to sell shares for 4.90?
1 comments

Because you want to move ahead of the 5.05 seller and be sure your shares can sell for $4.90. If the $5.05 seller is trying to sell 5 million, but it's taking a long time. They might drop down to $4.85 or something. It's all game theory and predicting what others will do. A big part of that is having all of the information.