TheGlobe.com Inc (TGLO)

[potatoclump]

look up the ATS and what it's used for


"Often times, institutional investors use an ATS to find counterparties for transactions instead of trading large blocks of shares on national stock exchanges. These actions may be designed to conceal trading from public view since ATS transactions don’t appear on national exchange order books. For example, a hedge fund interested in building a large position in an equity may use an ATS to prevent other investors from buying in advance. ATSs used for these purposes may also be referred to as dark pools."


https://www.investopedia.com/terms/a/alternative-trading-system.asp


additionally:

"The regulations require stricter record keeping and demand more intensive reporting on issues like transparency once it reaches more than 5% of the trading volume of any given security."


in other words it allows larger investors to build large positions in smaller blocks without any unusual activity alerting anyone.