Replies to post #93749 on Anavex Life Sciences Corp (AVXL)

[ExtremelyBullishZig]

To take advantages of the shares available in the volume of which they are available

[Investor2014]

A guess could be that a MOC order won't have the possibility of starting a run and sort of put a lid on subsequent rapid price increases.

[2014turnaround]

So they don't drive the price up?

[Cbdpotential]

Buying EOD allows for drawing less attention
Buying in the middle of the day allows for too many variables

Sell in the AM
Create FUD
Buy quietly at the close
(This has been the drill for awhile now)
Not as many notice EOD volume
Most traders are looking for liquidity during the day and are more reluctant to trade
when retail sees selling the next AM
FUD sets in again...

Best way to accumulate without setting off alarms, looking attractive and driving up the price

Jmho of course

[stealthways]

clean out day traders selling just before close often.....

[attilathehunt]

I believe the end of day block trades are the result of an institutional order placed earlier in the day. The market marker buys (and take out stop losses) throughout the day and reports the block trade at the end of day. The increase that proceeds the reporting of the block trade is most likely the market marker making one last push to buy all that is available. This has been the MO the past couple of weeks or more.

Ask your broker, if the above is true.