AI
Tuesday, December 12, 2017 6:48:04 PM
There was 87500 shares sold today from our seller, whoever it is. They have been doing one big one each day. So far 124k+175k+87.5k=386.5k so far. I was expecting today to be the last day, so I had a buy order myself.
.0881 at 20k (even though it is a buy, it was my buy order)
.085 at 50k
.086 at 17.5k
-----------------
$7517, 87500 shares at .08590
If you cut 1.5% it is 87500 at .08590x.985=.08462 per share (which was what was posted)
So that t-trade was related to the earlier sell and not really an after hours trade you normally see with say nasdaq stock that are actually buys/sells after hours.
So observations/opinions:
Since it posted after hours, there is probably another one coming tomorrow, probably between 1-3 pm. I'm hoping to see a 5 digit trade shortly after showing they are done.
They posted my bid last (it should have been first being the highest bid). Posting it last would keep the share price higher. That seems intentional to me, to keep the share price propped up.
If these are shares from the small Kodiak test. Say they did the minimum, $25,000. Kodiak gets share at 80% of 5 day vwap. I'm not sure what that is because I don't know the day of the put, probably between .08-.1. Say it was .08. Then Kodiak paid .064 per share, and got 390k shares with that figure.
That is why I thought today would be the last day, assuming Kodiak. So if it is them, the test was a little larger than $25,000 or it could be someone else. The timing--this started right after Rory's video saying the did a small test--and the different selling strategy then before makes me still lean towards them at this point.
.0881 at 20k (even though it is a buy, it was my buy order)
.085 at 50k
.086 at 17.5k
-----------------
$7517, 87500 shares at .08590
If you cut 1.5% it is 87500 at .08590x.985=.08462 per share (which was what was posted)
So that t-trade was related to the earlier sell and not really an after hours trade you normally see with say nasdaq stock that are actually buys/sells after hours.
So observations/opinions:
Since it posted after hours, there is probably another one coming tomorrow, probably between 1-3 pm. I'm hoping to see a 5 digit trade shortly after showing they are done.
They posted my bid last (it should have been first being the highest bid). Posting it last would keep the share price higher. That seems intentional to me, to keep the share price propped up.
If these are shares from the small Kodiak test. Say they did the minimum, $25,000. Kodiak gets share at 80% of 5 day vwap. I'm not sure what that is because I don't know the day of the put, probably between .08-.1. Say it was .08. Then Kodiak paid .064 per share, and got 390k shares with that figure.
That is why I thought today would be the last day, assuming Kodiak. So if it is them, the test was a little larger than $25,000 or it could be someone else. The timing--this started right after Rory's video saying the did a small test--and the different selling strategy then before makes me still lean towards them at this point.
