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Re: Pennywiserr post# 14169

Wednesday, 12/30/2015 6:13:26 PM

Wednesday, December 30, 2015 6:13:26 PM

Post# of 24839
T trades are often block transaction cross trades for shares sold during the day. Essentially, the market maker selling the block for the selling party during the day buys the shares from said party eod for a price under the VWAP. Doing so covers the commission and other fees for selling the block.

Domestic sellers or offshore sellers, it doesn't matter. The shares almost always originate with a toxic lender though.

This post is just my opinion. I am a 100% non-compensated poster posting solely for my own interests and/or entertainment.