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jrf30

06/16/17 4:18 PM

#59171 RE: FORU #59137

ANSWER on that .001724 trade.

Once again guys, that is a specific type of T trade. No, it is NOT just a trade from earlier in the day that settled or reported late. It came from someone who was selling shares into the public market from what was once restricted shares. they had restricted shares, the dilution happens on the books when they GOT the shares (not today) and they had to get the restriction removed. They did. Then, they sold the shares, today. They were sold through a MM that then crossed the trade, after taking a fee, after the market. So VNDM (as an example. They do a lot of these trades, including for me) might hvae been on the ask selling. He sold in this case for an average of about 17.5. Probably sold half at 17 and half at 18. Early this morning. They were part of the wall. then, after the market was closed, VNDM sold those shares to the actual brokerage that holds those shares. they took a fee to do the trade, so instead of crossing them again at 17.50, they did a net of 17.24. Then that brokerage shall go to the retail seller and give him or her that sale at 17.24, minus their own fees for selling the stock. Normally a HIGH fee, as only certain firms take shares of a penny from the clearing agent after restrictions are lifted, and they charge a lot to sell them.

I've done this 8 days of the 10 in the past 2 weeks, so yes I see MY trades cross after the market. NOt on this stock, but on two others. This was an early trade that was sold to the public, and this was the cross back to the brokerage where the account is at.

Okay? :-)