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Re: None

Friday, 11/12/2010 9:30:19 AM

Friday, November 12, 2010 9:30:19 AM

Post# of 54312
I think we will get one Monday rather than today at this point. Today is the cut-off date to e-mail the company, meaning Monday would likely be the day their would be some sort of follow-up PR about the buyback. I honestly think the buyback of certificates could be taking place given the T-trades we have seen the past 3 days that have been around 27% of the total trading volume per day. Why would the company wait if some investor is willing to sell shares to the company at a good price? I was wondering what others thought about these t-trades just being the exchange of shares in certificate form?

These ”Off Market” trades are typically used by larger investors to trade larger lots at pre-arranged prices without risk of driving the price upward or downward.

b. The second category involves so called “ex-clearing” lots. Certain transactions may clear and settle outside of the regular clearing system ("ex-clearing" transactions), where two dealers make an arrangement to settle trades between themselves and outside the clearing system.

The process used to balance street-side transactions depends on the type of comparison generated and the settlement method for the particular trade.


My opinion is the MM's are either trading large lots at pre-arranged prices without risking the price movement of HNSS higher OR two dealers, one being HNSS and another being an investor are settling trades between themselves in certificate form outside the clearing system.

IMO