Radient Pharmaceuticals Corporation fka RXPC

[lakeshore555]

Who sold on Monday?

That was a lot of shares. Who sold them? Forget who BOUGHT them. Who SOLD them?

I think it was the lenders, because it showed up on REGSHO and that's how lender debt-to-equity conversion shows up. But maybe it was Radient's lawyers getting paid for their class action work.

Regardless -- That was pretty much 10% of the company that just got dumped. Whoever sold that many shares on the open market does not believe there is a takeover in the works, or they would have held the shares.

A transfer of ownership would have been done privately, not on the market. That was not a transfer of ownership between insiders. That was an entity dumping a LOT of shares.