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Rob~daBanca

02/16/14 10:51 AM

#9571 RE: poey333 #9555

Not a 30 million buy at end of trading
Pennies don't trades after hours,, only MM book keeping from earlier in the day.


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poey333

02/16/14 10:57 AM

#9579 RE: poey333 #9555

I guess your right they can do anything never thought about that would that be a good sign or bad sign
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daleb2130

02/16/14 11:52 AM

#9587 RE: poey333 #9555

7 minutes after the market closed a 30,586,003 buy at .006 when the Bid/Ask was .0057/.0058.

Sure seems like great news.

Definition of 'Form T'

A form that FINRA requires brokers to use for reporting equity trades executed outside of normal market hours. Form T trades occur during extended hours - before the market opens and after it closes. The objective of the Form T reports is to maintain market transparency and integrity.

Trading in extended hours enables investors to react quickly to events that typically occur outside regular market hours, such as earnings reports. However, liquidity may be constrained during such Form T trading, resulting in wide bid-ask spreads. Form T trading is especially suited for overseas investors, since they may conduct the bulk of their U.S. trading when their markets are open but U.S. markets are closed.

The growing popularity of electronic communication networks means that Form T trading is bound to continue increasing.

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sidestyle

02/16/14 12:02 PM

#9591 RE: poey333 #9555

T trade...probably from the convertible