InvestorsHub Logo
Followers 7
Posts 667
Boards Moderated 0
Alias Born 10/13/2004

Re: duderino post# 1928

Tuesday, 01/18/2011 10:31:41 PM

Tuesday, January 18, 2011 10:31:41 PM

Post# of 4848
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-- AND-- Manually via ex-clearing. Ex-clearing is a manual comparison process that is performed by the brokerage firm’s Purchase and Sales Department. Unusual short coverings can end up settling this way. Sooooo if I am reading this right those pricks can short all day long and cover their shorts after nobody else can come out to play. Its the American way.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.