leroyt, our 'Aurical' has a strange spin
my first guess would be a specialist accumulated stock to deliver, and the cost plus fee averaged out to 15'9 for the client, who took possession in a block trade after the close.
and this is supposed to bother us?
all trades have both buyers and sellers ... given the tape action, it is far more likely that the other side of the block trade was a series of small sales to the specialist
not only that, but if a large block 'sale' is to be foreboding, it would be more likely to be below the market ... it is more bullish that there was a buyer who 'paid up' for the stock ...
our friend has a one track mind, and it's SELL
problem is, WSTL is a super BUY at this price
see y'all in the 20's for the CC, never a straight line, but like the guidance provided to the street this week
to borrow a phrase from another, 'enjoy!' |