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VeronicaFox

05/26/15 6:53 PM

#38673 RE: lanemyers #38672

The two trades with 'avg' beside them are "W" modifier trade transactions, aka dilution from a block position. These are common on the OTC and INOH - they are from sellers selling large Blocks of newly printed shares into the market. The broker sells to retail at market price through the day and then settles all transactions with one purchase from the selling customer. There is markdown in the way of a fee, usually a block position fee of 1.5%. As you can see trades 3 and then 8 and 9 went through at market price first, then were posted as weighted average trade transactions at $.000098 - that's the trade minus the block position fee.

There has been over a billion shares of INOH dilution from a block position this year, over 100 million in the past week.