InvestorsHub Logo

shajandr

08/30/16 4:49 PM

#7143 RE: fireopal #7140

"to new investors" Yeah, to the MARKET via an MM. Don't fall for the doublespeak. If the block was sold to a new investor, they'd have to file a 13-D form.

Shkreli dumped the shares via an MM into the market and squared up the multi-week sells out of the block(s) at the VWAP of the MM's trades.

Very unlikely that a large individual buyer took Shkreli's large blocks.