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Online Share Trading

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SBK

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any1 noticed the R100m offload of SBK in closing auction. any ideas why?
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2 REPLIES 2
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teetering above the abyss?
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dookie
Regular Contributor
Oh yes, I noticed! I'm sorry for my poor bank. But a few bucks is (are?) a few bucks. And a man must eat to live. I remember from a Men's Health in a waiting room somewhere that Simon was quoted as saying something like "I'll trade stocks or goats or Enron employees..." I suppose that sums it up. As a matter or pure academic interest / useless speculation, what would bring about a movement like that. Because it's only the market makers who trade the last 10 mins. Does it just mean that one of them had to sell a lot of shares in a hurry? And how would that happen? A (big) client goes short at 16h49 30'?
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