Hemi Energy Group Inc. (fka HMGP)

[davidmarkblack]

Posted by: ajcmstocks
In reply to: None Date:9/10/2007 4:22:10 PM
Post #of 21333

Does anyone know what these after hour trades "truly" are? I don't mean this in a negative way, but is it a fact that these trades are pre-negotiated prices? Or is that just a theory?

IMO, it is a very bullish sign, but I'm just asking this out of curiosity, because I honestly don't know exactly "what" these trades are... and I'm not afraid to admit it ;)


Posted by: brikk
In reply to: ajcmstocks who wrote msg# 21273 Date: 9/10/2007 4:36:42 PM
Post #

aj, i just got off the phone with DR minutes ago and we spoke about today's late print. they said that when an institutional buyer wants a block of stock in a low floater like DPDW they will contact NITE or another broker and request, for example, "56,000 shares at .645" and the MM will locate the shares and fill the order, and it's not uncommon for it to take place in pre or after market. this rep made it sound as if the MM will literally take the stock down to that level for the fill. i'm not surprised, based on what i've seen happening here lately.


Posted by: tombrady12nh
In reply to: brikk who wrote msg# 21271 Date: 9/10/2007 4:26:52 PM
Post #

brikk-I have heard the same thing-Institutional buys.


Posted by: Charlatan
In reply to: ajcmstocks who wrote msg# 21268 Date: 9/10/2007 4:34:36 PM
Post #

They are Form-T trades. Normaly they are trades made from one MM to another MM. In most cases it is to cover an imbalance.


Posted by: Charlatan
In reply to: ajcmstocks who wrote msg# 21286 Date: 9/10/2007 5:10:18 PM
Post #

Sure they could be, but it could be a number of other things too. So many other things infact that there really is no way to know. The most common reason for T's is simply to balance books at the EOD.


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