Sneaky2, the pattern still shows IMO that they are not buys or sells but rather some sort of reporting of trades during the day. There was 371,885 shares at the ask yesterday and 146,500 at the bid. The t-trade was for 410,000 at a price slightly below what the ask was for the day... where most of the trades occurred. Still though, the volume exceeded both ask and bid volume individually.
The theory by one who posts here is that the company is doing this and issuing shares directly into the market with an explanation of some shorting deal. That would mean then that they (the company) are the ones with shares at the ask and then when the shares are bought at the ask the covering is done later by the company giving the actual shares to the mm/brokerage. This is the opinion given but, then, how does one explain an afterhours print volume that far far exceeds (by more than several hundred percent sometimes) the volume at the ask and must therefore be a volume attributed to trades at the bid. The theory falls apart here and the company's PR'd opinion of the afterhours is more likely.
When those who like to believe and post about things that contradict 100% what the company has put in press releases are asked then to explain the above, they go silent and don't say a word. Go figure.
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