ShmoopTube

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finance a la shmoop what is an all-or-none order oh you'd think that

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spoiled brats only live on playgrounds of participation trophy cities hmm but [Boys holding participation trophies]

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that is oh so sadly not true they roam the wild hallways of Wall Street

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investment firms in droves and all-or-none order means that a buyer or

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seller of stock either wants all of their shares bought or sold or none of

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them and yes this applies to bonds preferred stocks and other random [Man discussing stocks and bonds]

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hybrids as well.....A buyer has a portfolio of 500 million dollars in small cap

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growth stocks generally speaking she's told her clients that she won't take

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less than a 2% position in anything because she wants to be able to focus on

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a core group of stocks and really be on top of any big movements hoping to sell [Stocks in a sack land on a table]

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the shares before well, any huge problems holding so in this case she's

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found a company she loves an appropriately named coal company for [Woman looking through binoculars in her car]

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spoiled investors called mine mine mine the only problem is that the stock is

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thinly traded that is not a ton of shares trade every day and she needs to

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own either ten million dollars worth of stock which would be a two percent

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position or she doesn't want to own any the stock at the moment is trading at

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ten dollars and seven cents a share and she wants it at ten bucks or better...

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well at ten dollars and one penny she has no interest whatsoever in that stock [Stock graph for mine mine mine company]

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at 10.00 she's a buyer so that is her limit order but on this all-or-none

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order she waits and waits and waits knowing that sometimes all-or-none [Woman looking at laptop waiting for the stocks]

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orders simply never get filled other times they get filled scarily too fast

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like the seller knew something the buyer did not but along comes a bad market day

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the White House says something stupid what are the odds? and the market tanks for

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an hour and blam she is the proud new owner of a million shares of mine mine

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mine good for her those shares are now all hers hers hers [Pigeon poops on mans head]

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