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Re: Traderfan post# 85179

Tuesday, 03/31/2015 2:10:25 PM

Tuesday, March 31, 2015 2:10:25 PM

Post# of 163718
Most of the volume came from the 5,000 and 2,000 blocks that PUMA was hitting NITE with. I suppose that when NITE is not selling then they must be buying and hitting the ask themselves, which is when we get those rallies. So they are responsible for most of the volume by far.

NITE is a heavy trader or a hedge fund, applying a whole arsenal of tactics from what I can see. It doesn't have to be naked short selling. Perhaps they started with an inventory and go down to zero before loading up again.

There's lots of retail buying IMO these past few days that's why they are still taking hits IMO.

I don't see any other unusual activity. Except for ARCA. Must be a friendly shareholder, perhaps somehow losely connected to ECAB or the Swedes.

That's how I see it.

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