Friday, September 16, 2022 5:54:24 PM
If the CDer has the diluted shares at Wilson Davis or Alpine, they can only sell 30% of the avg vol of the last 30 trading which is why you generally see a drop in bidwhacks at the end of the day and WD does not allow trading in the 15 minutes of the trading for CDers...
You throw in some bad MM behavior and green days like this can be rare but nonetheless, a good way to into the weekend
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