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pumper_stumper

09/10/20 7:47 AM

#91386 RE: Jelly Bean #91380

Yes, it shows up on my platform at a T trade, but I've found that this is just an automatic label for any trade that hits after the close. It does NOT always mean a true after hours trade, especially in the pinks. It just hits the tape after hours.

I think it is an aggregation, the result of a broker selling a customers position, in pieces, during the day, and then reporting at the average price. I've seen this talked about in listed stocks. As I said, I can't find a reference, but it exists.

I think it is funny because in other DECN forums, DECN "investors" are jumping up and down about an "after hours up trade up from the close.. this means someone is buying big!", because of course, their "expertise" has no knowledge of these other types of trades.

The fact that the price is 0.2079 SHOULD tell people that this is not a single after hours trade. I say should because in the pinks and grays, this will not be understood. The reason the price has 4 digits, is because it is an average price of multiple trades the broker put through for the client during the day.

Same thing happened the prior PM, a large block, at a 4 digit price showing up after the close.

I say this is VERY bearish! It means someone who actually goes through a broker to break up a trade is selling, which means a large holder is selling... or, the company diluting, again! ;-)

The "good news" for DECN'ers is that the seller is paying a broker to TRY to keep this from tanking more! Imagine if they didn't? lol