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Eli's Gone

07/31/13 9:12 PM

#273359 RE: HIFI #273358

That 5,422,222 that printed after market close is a net of the trades executed by a MM during the day for the seller---with the agreed MM commission figured in hence why it appears to be away from the current bid/ask...

one can usually figure out what trades encompassed the 5,422,222---one of the trades that ends in 222 is definitely in the mix...

GLTA
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Porgie Tirebiter

07/31/13 9:20 PM

#273360 RE: HIFI #273358

Yeah right. Someone has shares for 30% less than the predicted bid at the open tomorrow?

First of all, I am incapable of predicting the bid. Just clueless.

But, let's say it worked out that way, and if it was me that had those shares at a 30% overnight gain? Someone else would have them at retail in the morning... Pretty quick too.