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Re: None

Friday, 07/12/2013 6:21:54 AM

Friday, July 12, 2013 6:21:54 AM

Post# of 183585
May 7 Volume was 20m traded 7.2m Dump Last Trade

Yesterday, 19m Traded, 7.2m Dump Last Trade

There are a lot of these patterns out there the past 12 months.

If you check the high volume days you will see the After Hour or near last trade of day being made for large block trade to the BID or BELOW the BID which IMO is absolutely a prearranged trade where MM are covering their daily shorts on behalf of the CD Converter and that large trade is the CD shares allowing the MM to cover at a lower price and make a profit on the conversion.

Very easy to see the days where the CD conversion is being handled by MM, they always have higher than normal volume, with a large block trade late in day or after hours.

The shares could be from old CD holder that still has shares to convert, who knows.