Odd-Lot Sales

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Odd-Lot Sales

Sales of securities in quantities of fewer than 100 shares. In general, most investors who make odd-lot sales are small investors. Because some investors consider small investors poorly informed and therefore wrong most of the time, they believe a large number of odd-lot sales may be a sign that stock prices will soon fall.
References in periodicals archive ?
OTCBB: SETO) today announced the commencement of a voluntary odd lot sale program (the "Odd Lot Program") for stockholders of less than 100 shares ("odd lots") of SETO Holdings, Inc.
1 /PRNewswire/ -- Plains Resources (AMEX: PLX) announced today the commencement of an odd lot sales program for holders of less than 100 shares of its Common Stock.
For further information regarding the odd lot sales program, please contact Susan Dotson or Hughes Watler of Texoil at 1-800-742-1665.