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Re: dejong post# 22170

Friday, 07/31/2020 11:57:28 AM

Friday, July 31, 2020 11:57:28 AM

Post# of 41920
Let's watch for a second big block buy today.

Following the 1.39m share sale at 10:23am there was a 1.39m buy at 11:08am.
There was another sale of 1.44m shares at 11:12am. Would be interesting to see another similar-sized buy. Would be even more interesting if there's another block sale a few minutes after. I could be grasping here, but always interesting trying to see the patterns of market participants.

ehihub asked about the cliff notes of buyback mechanics. I'm the wrong person to give that answer, but my hunch is that the agent executing instructions from a client company utilizes an algorithmic system that executes purchases in response to sales, new shares hitting the market, etc.