Replies to post #1646 on Rocket Companies Inc (RKT)

[Boston-Bets]

Still down for the day. Hopefully will settle down next week, post-div deposit.

[jhdf51]

What do you think this is? I am not versed enough about short positions etc....was it a buy?

JHD

[Captknots]

Hi Justice, has anyone confirmed if this 60M trade was a buy or sale ? Thank you

[EternalPatience]

May be some major short covering

[sunshinevibrations]

>60M trade (>$1 BILLION) at the close

Big money moving...

The large trades that print immediately after the closing bell are intraday settlements within the exchange that are necessary because of the natural actions of the MMs during the day. They are not true buy/sell transactions between stockholders. You'll see them on most stocks. They don't mean anything and don't indicate anything.

Pick a few other stocks and put up their time and sale records. You'll see it happens a lot.