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Thursday, May 04, 2023 1:04:52 PM
also the buys back 25K and 500K were both filled at 00005 and showed that Pps change. sailor NOT take warning.
I think this tells me this wasn't a market maker psychout play where they sell 100 shares for a micropenny and locked the PPS down with a ton of "seq" markers.
I do think those 1.5M sells were share positions some entity did NOT want or need to sell, but they were sold anyway. small amount but some of these banks probably have tons of POS pennies in their portfolios that they bought and forgot back in the day.
oh and schwab ain't looking too great too as the bandaid put on banks after the bail-in of silicon valley bank explodes in a gusher of red.
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