Trading a Secondary

smbcapitalFree Daily Trading Video, Steven Spencer (Steve's) Blogs, Trading TheoryLeave a Comment

In this trading lesson Steve discusses trading secondaries. A secondary occurs when company insiders sell shares generally priced below where the stock has recently been trading to entice institutional investors to purchase. $CDW recently sold 15 million shares at a 3.2% discount which set up for a great trade.

Enjoy the video!

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