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Re: hockeypond post# 41947

Wednesday, 05/08/2019 8:52:21 PM

Wednesday, May 08, 2019 8:52:21 PM

Post# of 50023
Here is my take. Someone who is selling has a promotion going down somewhere and creates a buzz the first hour. The seller is a sophisticated exit. Doesn’t mean the stock isn’t going to $1. However that guy wants out. The trade after the close is an average price on a block. If you notice, there is no real size on the offer throughout the day. Seems like it’s a sophisticated seller who gave his order to an in-house trader. They are not showing their supply. However they wack bids after the morning run up