Friday, August 13, 2021 5:26:32 PM
"
In the OTC market, Form T trades are mostly the result of accumulated buys or sells handled on a not held basis by block desks, otherwise known as 'late prints.' They have nothing to do with short-selling. Large blocks of shares may not all be sold in a single day, so a broker or market maker would file a Form T for the remainder of shares listed at the average price that day's shares sold for as if they all had sold. If all the shares had sold in that one session, the transaction would have been recorded normally."
This to me it's a big holding seller(potentially Fife) -- trying to at least hit VWAP for the day as to not pop/dip the SP, over a period of the trading week.
On the flip side.. where there's a seller, there are buyers...
Ahh the ebb and flow of the OTC ..
GLTU/A.
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