What Is The Significance Of A Single Share Being Traded On The Stock Market?
February 9, 2010 by admin
Filed under Ikofx | Forex Stories
I’m not articulate about bonds which might be value hundreds of dollars each, rsther than ones which have been utterly cheap. Even value usually a couple of cents each. From time to time I see on my traffic height which there has been a traffic of one unaccompanied share.
Perhaps it is finished quite to have the charts demeanour improved from a traffic research point of view. Or maybe it signifies something else.
Am meddlesome in anyones view……………
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It makes no sense to trade a single share of a cheap stock. After the trading cost you would almost certainly lose money.
Are you sure the trade was one share and not one lot? It is quite common to see the number of shares listed by lots, so “1″ would mean one lot or 100 shares.
Some times pressure groups buy just one share, so that they can go to the AGM and ask embarrassing questions or shout down the company president etc. It takes all sorts to make a world.
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Single shares are allowed to be traded. I don’t know of any other significance. Odd lots are a regular practice.