Airborne Wireless Network (ABWN)

[Sgreg]

You think they sell for a loss the last 6 hours of trading everyday? The toxic lender? At start of the day they sell at the VWAP premium which is usually gone within 30 minutes, so what are they doing there on the ask most of the rest of the day? I know you don't think selling for a loss. They are shorting. It's either or. It's either they sell for a loss the last 6 hours or they are shorting the stock. Everyone knows they are there for most of the 6 hours and I know people can't be foolish enough to believe they are sitting there selling massive amounts at a loss.

They short the rest of the day. Once they cashed in their VWAP premium for the day, usually gone after 30 minutes, they make gains shorting. They use the shares that get converted the day after to deliver to the clearing house what they shorted the day before. That locks in the gains from the shorting. Also it drops the VWAP lower as well for the following day. Then it's rinse and repeat.