A couple nice "mystery" trades the last few days.
Last week there was a 647,000 share trade at .0195 that Schwab
reported as a "cash" buy (whatever the mechanics of that are)....
.....and today we had a 843,000 share "cash" trade at .0181.
Neither of these trades showed up on my StreetSmartEdge trading window......except the Volume.....and the Schwab back room boys
did the review for me.
I'm not sure the Pink MMs have to report every trade between themselves....but usually they do.....and it shows up in Yellow when the price is between the Bid & Ask.
SO, who did these buys? Hmm.
Could be management exercising warrants?.....Well, most of the
10Q stated warrant options are at different prices than these and the warrant trades are generally only stated in subsequent 10Qs.
At any rate, 647,000 & 843,000 are nice chunks at a time....and were just below the Ask at the time of trade......
Hopefully, this shows somebody..........
