The Crash of ’87, from the Wall Street Players Who Lived It

Re:The Crash of ’87, from the Wall Street Players Who Lived It by dagw on Tuesday October 17, 2017 @08:24AM (#15490330)

How many people own 60% of a publicly traded company?

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Re:The Crash of ’87, from the Wall Street Players Who Lived It by Retric on Tuesday October 17, 2017 @09:17AM (#15490625)

Worldwide probability less than 20. But again that's just the extreme that demonstrates what's gong on. If you ever watch a stock ticker and calculate the volume of sales needed to change the price it's less than most people assume.

+/- a few cents might not seem like much but drops can spiral with relatively small initial sales.

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Re:The Crash of ’87, from the Wall Street Players Who Lived It by Retric on Tuesday October 17, 2017 @12:02PM (#15492044)

PS: While this topic seems to annoy people I suggest you look up 'off-board' trading before dismissing the idea. EX: https://www.wsj.com/articles/SB860538568435594500

The reality is the current ticker price is only meaningful up to mid sized transactions.

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