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madprophet

04/18/18 6:56 PM

#31681 RE: Luckyus #31679

Nobody is going to say they have or have not at this point.
Will get attacked by the "'true longs"" be told they are poisoning the board. Everybody seems to think if somebody isn't 100% All Aboard they are trying to drive the price down, so saying they sold, yeah
must be trying to get cheap shares.

abcd12

04/18/18 7:05 PM

#31682 RE: Luckyus #31679

My guess is market marker(s) was trying to create a market by trading their own shares even with small trading volume, or trying to build up their shares inventories for near term opportune times ahead (pre/post SCOTUS' Oil States and CAFC's Worlds decisions)

Sometime people face with personal/family emergencies, margin calls, or see much better places to put their money; and therefore have to get out of at all cost. Such sell desperations even with not extremely high volume can oftentime drive down the shareprice of highly illiquid or low float stocks.