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Re: antman post# 106345

Tuesday, 10/31/2017 5:34:41 PM

Tuesday, October 31, 2017 5:34:41 PM

Post# of 122993
Form t is a trade that happens during trading hours but doesn’t post until after. The reason is that the price is not usually in line with that data trading so if it posted when it took place, traders might get an incorrect impression of the pricing action. For that reason it posts after market closing. It usually indicates a share conversion because when a debt holder converts they usually naked short the convertible amount and then pay the shares back in a mirror trade. The o/s typically increases by the amount of the form t trade.