Mickey hi, sorry just looked it up on Google, should have done that before asking, Thanks anyway. And for others that did not know :-
What is a 'Block Trade' A block trade, also known as a block order, is an order or trade submitted for the sale or purchase of a large quantity of securities. A block trade involves a significantly large number of equities or bonds being traded at an arranged price between two parties, sometimes outside of the open markets, to lessen the impact on the security price. In general, 10,000 shares of stock, not including penny stocks, or $200,000 worth of bonds are considered a block trade.
Someone sold 1 million earlier on at 148.8418 at 15:40 PM
I have just checked the SP at that time and could not see 148.8 or anywhere near it, in fact at 15:40 it was 151 50 so how did that sale occur ????? Now thats beyond me, maybe its due to the amount sold ? But surely the SP is the SP.
TW doing nothing today and I am very surprised, stuck around 151 still. So I am on the other side today with ITV as they just hit 199.10. Bought a load on Monday at 193.30 so want to sell at 199 if i can. Then buy back on the fall. Just missed the sell as it hit very quickly then down again.
Jp trader and dfrenchie, thanks for your prompt response, got back in at 153 after selling around 155 following buying at 125 following Brexit. I obviously rushed back in as I thought following the results we wouldn't see the low 140s again, how wrong was I, so for the moment just sitting on the side lines. From what I can see on any good rose people will profit take and then the share will fall only to rise again. GLA
For me personally, I'm looking at exiting around 156p if we can achieve this tomorrow or the day after, but I'm watching the SP throughout the day, to see how it fares. About 5% profit.
Think HH outlined a few posts back that this is likely to continue bouncing around in the range for a while, so I would aim to buy back around the 148p mark or less in future days/week, providing the sp reaches there.
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