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Re: the dodger post# 3302

Tuesday, 06/09/2009 5:46:30 PM

Tuesday, June 09, 2009 5:46:30 PM

Post# of 4908
The 4mil+ share trade posted after close was a from T trade.

That means that the 4mil+ shares were sold off in small increments over time, and the total amount is reported at the end.

It's done when someone wants to sell a bunch of stock without potentially tanking the PPS with a trade like that all at once. Might explain some of the increased selling we saw over the course of today. Probably just someone trying to exit a little more gracefully now that it's come back up a little bit again.

Though I've seen about that size of a trade go through at once for HYGN just watching it recently, and it didn't seem to impact the PPS much. Wonder why they did it that way...