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Wednesday, September 12, 2018 4:29:46 PM
.05??? for a nanosecond. To which shortly thereafter, those MM algorithms bought/sold 10,000 shares to bring it back up to near .07. Look at the tape and my post 29529
That was a 100 share trade...who in the EFF (person, retail, etc) in their right mind would buy/sell 100 shares at $0.051 ...that's $5.10 add in the commission of at least $4.95 ...and you're a positive FIFTEEN CENTS????
An MM needed shares, and that MM got it. As for churning in between 7-8...well, those invested wait, and those who cannot, sell...but certainly not 100 shares.
The period for which the Change of Control to be reviewed is 30 days (Aug 29 I think) so it's close to the end of the month before we hear anything substantive. Based on the info I could find on change of control forms re: Delfin, never once did I see (and I could be wrong), any third-party challenge the Change of Control.
https://www.federalregister.gov/documents/2018/08/29/2018-18728/change-in-control-delfin-lng-llc
TGLO$$$
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