[ajross]

This is a micro/macro mistake. You obviously can't dump a 6% stake at strike price on Robinhood.

"The Market", at this scale, means "You find the buyer(s) yourself and work up the deal with a hundred lawyers and PR staff and hope the contract negotiation stays secret".

[TheAtomic]

Actually, that's the service provided by GS, etc. They have those buyers on the other side of their Rolodex.

[ajross]

Well, yes. They're the ones who actually employ the hundred lawyers and PR staff. But that's what it takes, and it's not about clicking some buttons on a Web 2.0 Day Trading UI.

[dgellow]

It's really not far from it. You don't need to do a private off-exchange sale (though you can), they do incremental execution (where you break the trade in small batches)

[imagent]

What is GS?

[smnscu]

Presumably Goldman Sachs (or any investment bank worth its salt)

[thaumasiotes]

Well, to be really accurate, I assume GS is Goldman Sachs alone and "any investment bank worth its salt" is referred to by the "etc".

[blitzar]

a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money

[Mtinie]

Goldman Sachs

[dgellow]

Isn't that literally what institutional trading desks are for? One of the reason to use one is that they can execute a large order without impacting the market price

[kingleopold]

tell me how you dont know anything about dark markets and dark pools. I loveeeee how you average people dont know how they operate at top