alt Hacker NewsThis is a micro/macro mistake. You obviously can't dump a 6% stake at strike price on Robinhood.
"The Market", at this scale, means "You find the buyer(s) yourself and work up the deal with a hundred lawyers and PR staff and hope the contract negotiation stays secret".
Replies
dgellow • yesterday at 6:37 PM
Isn't that literally what institutional trading desks are for? One of the reason to use one is that they can execute a large order without impacting the market price
kingleopold • yesterday at 3:07 PM
tell me how you dont know anything about dark markets and dark pools. I loveeeee how you average people dont know how they operate at top
Actually, that's the service provided by GS, etc. They have those buyers on the other side of their Rolodex.