Yep just like 1bc’s call in that 400k block trade lol It’s apparent to me he’s never seen block trades before . I have , and what I learned is that you cannot telling it’s a buy or sell right away . It’s the trading that comes after that gives it away .
As I told him many times , I’ve seen huge block trades go off at under the bid that later turned out to be buys (vhc on its run up from 3 to 40 and scln on its Runup from 2 to 25) but because he’s short he must convince himself that it was a sell .
That’s more of an emotional then anratiinal call. The rational call would be to Say we don’t know yet
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