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Replies to #41363 on lowtrade
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trader guy

03/19/14 7:12 PM

#41364 RE: lowtrade #41363

I learned all about Asher last year thru GYST and following their trades on ihub trades page. It was just like clock work. Five days after each conversion date there would be large block trades showing up with an Average type notation meaning average price received for the block consisting of numerous smaller trades. And the bid whacking would be relentless throughout the day until the large block when through to indicate the amount sold earlier in the day. The block always totaled exactly the number of share in the last Asher conversion. It was really sad to watch. I don't understand their reasoning for doing it that way. It's like they're cheating themselves out of alot of profit.
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BONESPUR

03/19/14 7:56 PM

#41365 RE: lowtrade #41363

Asher diesn't care about anything but conversion and moving on to the next one.
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Nebuchadnezzar

03/19/14 11:36 PM

#41382 RE: lowtrade #41363

AGNC-trading below BOOK
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BOS

03/20/14 6:06 PM

#41399 RE: lowtrade #41363

In my experience Asher isn't interested in Huge dark side runs. They basically clear paper as fast as there is volume to clear it and will take 40-50% ROI all day long.

I've rarely seen them buy runs at all actually.

Clear note, time PR, dump/repeat.