HSX Forum

Playing & Trading Strategy

I've tested it with penny stocks and "chuckage" is 2 cents per 100,000 shares for those...

Posted by: MattW (a.k.a del_RGV_MattW) on Jun 27, 10:06 in response to Oleg Max's post I can't say for certain, but I have a feeling that if the...

You can buy 35,000 shares without any price change as long as there are no other traders doing anything with that stock.  But 40,000 shares moves the price by 1 cent and charges you that extra cent.

Is it ok to buy 25000 shares 4 times or should you just buy 100000 because when I buy all at once I always end up paying 1 to 30 cents more {nm} mishra Jun 26, 15:44

Especially on starbonds..... {nm} mishra Jun 26, 15:46

Usually save the buy or sell of 100000 shares at once when I know I need to sell it immediately or lose money {nm} mishra Jun 26, 15:58

If you spread out the buying over several minutes the chuckage is less (bonds for me up to half), depends on how much pennies you want to JDolphin Jun 26, 16:09

fast movie = fast moving {nm} JDolphin Jun 26, 16:10

Ya do the mass buy when Price change is going to jump immediately....if i stall {nm} mishra Jun 26, 16:39

if you save one cent this time you make 2 cents more next time and so forth....the power of compounding. mishra Jun 26, 23:26

I had never thought of this.. Is that why the price seems to be more when buying 100000 shares? Dorfman Jun 26, 19:55

Not sure if it is quicker or if it just has less impact srrichardson Jun 27, 03:25

I can't say for certain, but I have a feeling that if the stock was to say move 12 cents when you max long 100k shares Oleg Max Jun 27, 04:44

Good analysis Oleg Max. I'm so used to just doing one transaction thinking that will be quicker and catching before the price moves... Dorfman Jun 27, 05:20

I've tested it with penny stocks and "chuckage" is 2 cents per 100,000 shares for those... MattW Jun 27, 10:06

That's a gem, for keeping penny purchase price down (makes for better showing off, years later). I never worked it out, myself. {nm} edzep - Port Monkey! Jun 27, 14:52

That can't be true all the time, I have lots of MST purchased @ 0.01, and I only trade 100,000 {nm} KaiGee Jun 27, 15:34

Hmmm, maybe it's more complicated than just 1 cent per ~40k shares. MattW Jun 27, 16:25

I have not been able to buy at 1 cent, for several years, 100K at a time, anyway. Today edzep - Port Monkey! Jun 28, 10:52

I just did 5 Buys @ 0.01 of 100,000. I am Covering them right before that, so that might make a difference. {nm} KaiGee Jun 29, 08:55





Post a Reply

To post to the forums you must first login!


Johnny Knoxville (JKNOX) 24999 18.60 (+0.20)          The Comeback King (CMBKN) 1443 46.66 (-0.10)          Jackass: Best and Last H$15 Put (JCKA6.PU) 25000 3.52 (+0.08)          The Invite - Opening Wekeend (TINVT.OW) 100000 6.18 (-0.07)          Jackass: Best and Last H$15 Call (JCKA6.CA) 25000 2.76 (-0.42)          Babies (BBIES) 3000 16.64 (+0.02)          Man of Tomorrow (SPMOT) 150000 271.73 (-1.81)          Scary Movie (SCAR6) 150000 102.98 (+0.54)          White Lies (WHTLI) 149999 8.96 (-1.04)          Disclosure Day (SKIES) 150000 102.51 (-0.03)          Masters of the Universe (HEMAN) 150000 61.00 (+0.49)          The Odyssey (ODYSE) 150000 310.69 (+1.02)          Metal Gear Solid (MTLGR) 150000 14.83 (+1.24)          Metal Gear Solid (MTLGR) 150000 14.83 (+1.24)          Goblin (GBLIN) 150000 19.32 (-0.26)          Horizon Zero Dawn (HRIZD) 150000 33.63 (+0.16)          Goblin (GBLIN) 150000 19.32 (-0.26)          Hot Spot (HTSPT) 150000 6.78 (+0.36)          The Brink of War (REYKJ) 150000 6.44 (+0.13)          Jackass: Best and Last H$15 Put (JCKA6.PU) 25000 3.52 (+0.08)          Hot Spot (HTSPT) 150000 6.78 (+0.36)          Moana H$100 Call (MOAN1.CA) 25000 2.74 (+0.15)          It Ends (ITNDS) 150000 5.50 (+0.16)          Evil Dead Burn H$20 Call (EVLD6.CA) 25000 2.85 (+0.07)          Jackass: Best and Last H$15 Put (JCKA6.PU) 25000 3.52 (+0.08)          Supergirl H$55 Put (SUPGR.PU) 25000 6.50 (+0.19)          Sense and Sensibility (SNSNS) 150000 19.09 (-0.47)          Constantine 2 (CNST2) 50000 32.63 (-0.07)          Above The Below (ABELW) 150000 7.50 (+0.44)          Signal One (SGNL1) 150000 0.17 (-0.02)          The Third Parent (T3RDP) 150000 6.23 (+0.59)          White Lies (WHTLI) 90000 8.96 (-1.04)          Lice (LICE) 150000 5.48 (-0.63)          Star Wars: Starfighter (SWAR4) 20000 258.65 (+0.05)          White Lies (WHTLI) 150000 8.96 (-1.04)          Supergirl (SUPGR) 150000 128.23 (-1.15)          4 x 4: The Event (4X4TE) 150000 8.75 (+0.44)          Easy's Waltz (EWLTZ) 150000 5.86 (+0.51)          Supergirl (SUPGR) 150000 128.23 (-1.15)          Goblin (GBLIN) 150000 19.32 (-0.26)          Jackass: Best and Last H$15 Put (JCKA6.PU) 25000 3.52 (+0.08)          Jackass: Best and Last H$15 Call (JCKA6.CA) 25000 2.76 (-0.42)          The Invite - Opening Wekeend (TINVT.OW) 100000 6.18 (-0.07)          Moana H$100 Put (MOAN1.PU) 25000 1.57 (-0.05)          Moana - Opening Weekend (MOAN1.OW) 30000 102.11 (+0.82)          Moana H$100 Call (MOAN1.CA) 25000 2.74 (+0.15)          Jackass: Best and Last - Opening (JCKA6.OW) 100000 13.46 (+0.09)          Evil Dead Burn H$20 Put (EVLD6.PU) 25000 1.68 (-0.06)          Evil Dead Burn - Opening Weekend (EVLD6.OW) 100000 21.99 (+0.20)          Evil Dead Burn H$20 Call (EVLD6.CA) 25000 2.85 (+0.07)