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Re: nypete post# 20469

Friday, 09/19/2014 9:52:37 PM

Friday, September 19, 2014 9:52:37 PM

Post# of 29204
Using the Ihub streamer, I don't see a 1.2 million buy at the close, but I have noticed closing differences reported between Ameritrade and IHUB very often as the block trades can be broken down into smaller blocks.

There was a 871,729 block listed on the IHUB. It is hard
to pin point the reason behind it; Institutional Holder picking some up, or a Hedge Fund buying to cover with a large block to reach the desired level of trades for the day which is good for several reasons.

It was not a t-trade so it was not a manipulated trade reported late, but a straight, over the counter block buy.

http://ih.advfn.com/p.php?pid=trades&symbol=CPST

I don't know, but that big of a buy is always a good sign for retail, imo..

Have a great weekend....






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