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Re: Marxbys post# 39730

Tuesday, 08/08/2017 10:03:46 PM

Tuesday, August 08, 2017 10:03:46 PM

Post# of 61155
Hahahaa, you know me well --- I hear "share buy back" or "share reduction" (and we know the CEO has said he will not entertain a R/S), and I get entranced.
Aside from having a close to $470mil traded volume .. it was those two that stood out.

Either these were trades from earlier in today's session that didn't finalize until later in the day (I don't believe that),
or,

what we've been seeing here for a month are the t-trades are used by the MMs to trade with each other. 2 big trades EOD, the smaller one for 20% over the closing PPS and the bigger one for 60% over!

The sellers today may not be bullish on MMEG, but the MMs apparently are ... and they DO understand what a reduction in capital means.

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