Abnormal Volume and Block Trades Message Board

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Gold/Mining/Energy : Abnormal Volume and Block Trades

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To: Essam Hamza who wrote (1938)	6/19/1997 6:36:00 PM
From: Bohdan	of 2340

To Essam, bev and all, 1- You "borrow" stock. 2- You sell it 3- You buy it back 4-Your broker returns it to the owner. The only trade is your sell/buy There is no way to identify a short sale looking at the trading. A cross is a transfer of stock from the house to a house client or from a client to another client at a pre-arranged price. The reasons for this can be many. I know for a fact where one fund transferred stock from one fund in it's family to another fund. Since it was a transfer between two legal entities, it had to go through the markets (cross). Later.

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