Replies to post #11796 on PHI Group Inc (PHIL)

[Almost A Myth]

There were two t-trades for $PHIL on Friday for almost the exact same number of shares. First was a sell of 240,889 @ .0355, second was a buy of 240,899 @ .049765.

Looks to me like a market maker was updating their books or possibly correcting an error trade.

With both a buy and sell for practically the same amount of shares (within 10 shares), IMO those trades have no bearing whatsoever on the fundamentals.

If you remember on 2/20/18, there was a print for .0355 but it didn't get reflected on the L1 quote as the low of the day. It shows on the chart, but I specifically remember discussing that with someone that it didn't reflect on L1. The tape even had some weird notation after the print...I forget what it said, but I remember seeing it. Those t-trades almost definitely had something to do with that weird print on the 20th.

[Almost A Myth]

First pic shows yahoo finance with a low of .04 on 2/20/18.

Second pic shows the chart on Stockscores with a low print of .0355 on the same date.

Obviously some kind of error trade occurred that day.

Now we have the two t-trades on Friday 2/23 correcting that situation. Pooch not screwed!





$PHIL