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tgg78703 - if you were a seller of tcs you would argue that the real value of the company is 3 cents. Last week there were buyers for Alert Steel at something like 14 cents and sellers in the 60 and 70 cent range - what was/is the real value of Alert. Both are speculative shares so one will often get wide bids/offers prices and that the fund of have some spec shares in ones portfolio (real portfolio not this competition portfolio) that if your punt does come off you can make significant amounts of money, but you need to limit such spec shares - I limit my spec shares to 3 to 4% of total portfolio

If you're a seller, surely you can only sell to the available buyers - works the same when you try and sell ANYTHING.
If we go the tgg78703 route, which I agree with, the seller still gets the benefit that the specific buyer will take ALL his shares at that price, which mostly is not the case when you sell larger lots of shares that don't trade a lot