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Re: everett7 post# 3529

Friday, 06/11/2010 10:18:14 AM

Friday, June 11, 2010 10:18:14 AM

Post# of 7206
everett7, honestly, I missed your posting the last couple of days. Welcome back. To try to answer your question, who knows.

Some possibilities:

1) STXG has a client who owns those 24,000 shares you saw and the client is offering those or some of those shares for sale.

2) STXG has a client who purchased stock through another firm, has since transferred those shares to STXG and now is offering some for sale.

3) STXG has a client who thinks Tronox equity is toast and has decided to initiate or add to a short position.

I do not see where STXG is a market maker so my guess is that they are executing a client's trade order. What that client's ultimate strategy might be is anyone's guess. Right now it appears that the client wants to sell some Tronox stock.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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