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Re: trocprofit post# 240605

Wednesday, 08/21/2019 1:59:31 PM

Wednesday, August 21, 2019 1:59:31 PM

Post# of 717706
That makes no sense.

We know that Woodford had not sold nwbo before the end of May because he was still publishing full holdings then.

You know enough about markets to realize that the institutional standard is to try to be less than 10% of daily volume.

Go back to 6/3 (or any start date of your choosing after 5/31) when Woodford's problems became public. Calculate 10% of all subsequent nwbo volume. Subtract that from the 24.8m Woodford was known to own.

If Woodford sells 10% of nwbo volume every single day, he'll finish liquidating his position spring of 2020.

Do the math (or maths for our British posters). It does not support your claim that Woodford is near done selling.


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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