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Re: loanranger post# 57748

Thursday, 05/28/2015 5:38:31 PM

Thursday, May 28, 2015 5:38:31 PM

Post# of 59584
MM selling client's block position (VNDM) was only going to buy as many shares from that block as it could sell first... so it short sells throughout the day and then closes/covers the total short position in a t-trade by "buying" back from its client the amount of shares it managed to sell into the market.