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Replies to post #115927 on Marani Brands Inc. (MRIB)
DJ Ponder
05/24/17 12:35 PM
#115929 RE: VeronicaFox #115927
Well that's false, It even says W/AVG (Averaged) in the TYPE notes on that consolidated tape. The broker dealer sells the stock at Market price through the day in individual transactions, that is averaged at a price, then they discount their commission from the averaged price and buy the shares from the block position at the total averaged price less commission and post the transaction to the tape since the cost is different from what they sold to market.