Ifs and Butts... this entity has bought HUNDREDS of MILLIONS of shares on the BID these past 8 months.
Dont let that 50M BID on its own fool you.
Those shares havent had a chance in Hell to all "wash", so definitely no hedging going on.
There is no other logical reason for the matching T Trades.
Why then do they continue to re-up after the T Trades of the previous day?
Id say the 1M shares sold Friday were such a small amount of the original 50M that they should have waited a day or 2 to have more of the order filled before doing that..... RIDICULOUS on just 1M!
The logic is this:
Someone CLEARLY has no problem spending a SMALL FORTUNE on what to the outside world seem WORTHLESS shares.
WHY?
Wiping out the common shareholders with the strike of a pen would be quite RIDICULOUS to do when you are SPENDING (not bluffing) BIG $$$ on those shares...
A gambler?
We are all gamblers here my friend, some choose to do it without any DD and ride MOMO, others buy green and sell red. There is a rhyme or reason behind those different strategies. THERE IS NONE FOR THIS ONE OTHER THAN WHAT OUR EYES SHOW US DAILY - AND THATS SOMEONE WITH ALOT OF $$$ WANTS TO OWN SPCL COMMON SHARES BADLY, BUT NOT BAD ENOUGH TO PUSH THE PRICE.
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