So Jeffrey tenders his resignation BUT, it's not effective immediately. He's still employed (at least on paper) until March 29th. That tells me that there must be a process in place and he wasn't let go for cause. That was Monday the 11th. Starting Tuesday, at the open, Intermarket Sweep trades began and gained steam for the rest of the week along with large-block Cross-trades in conjunction with large block Form "T" trades both Pre-market and After Hours. As of Friday, the total pre and post market volume for the past 4 days is equal to the Avg Daily Volume. That's huge for a low volume and low float stock like ATOM. The question is who and why?
Just for clarity why the Sweep trades caught my eye;
Intermarket sweep orders (ISO) is a type of stock market order that sweeps several different market centers and scoop up as many shares as possible from them all. Sweeps are typically large blocks, meaning that the trader placing the order has some major financial backing. Sweep orders indicate that the buyer wants to take a position in a hurry, which could imply that he or she is anticipating a large move in the underlying stock's share price in the very near future.
What is the difference between a block order and a sweep order?
A block trade is a privately negotiated transaction, with variables such as shares and position balancing at play. A Sweep trade is an aggressive transaction broken up and sent across multiple exchanges.
In conclusion, I'm questioning the timing of Jeff's departure time-line (March 29th) and the sudden large block trades in a hurry the next 4 days after the 8K release of Jeff's resignation. There has been no sudden sell-off so that suggests to me that someone(s) are accumulating. For what reason are they accumulating and is the timing of the sudden rash of sweep trades and Jeff's resignation coincidental/related, is what I'm pondering. Short covering? Has/is there a buyout coming (and that's why Jeffrey is retiring?
Just things to think about imo...🤔
Bullish
Theo 
;-)
